Another regressive tax on the middle class?! Will Abercrombie, Aresimowicz, and Gerratana vote for yet another regressive tax on working families?

Another regressive tax on the middle class?! Will Abercrombie, Aresimowicz, and Gerratana of Berlin, Connecticut vote for yet another regressive tax on working families?

A bill has been raised in the General Assembly calling for a 3.5 cent tax per gallon on heating oil: Raised Bill No. 6650. It’s not bad enough that Berlin residents are paying nearly $4.00 per gallon for heating oil during an endless and a deep recession, but now another regressive tax is being considered again on working families of Connecticut. Are not Dan Malloy, Catherine Abercrombie, Joe Aresimowicz, and Theresa Gerratana Democrats? Are not Democrats suppose to oppose regressive taxes? Have you heard any of these four Democrats come out stridently against this yet another regressive tax on working families?

This is at least the third regressive tax we have witnessed in recent years with Democrats at the helm. The sales tax was increased from 6% to 6.35%. The state income tax rate increased anywhere from 10% to 30% on middle class Connecticut families, but only 3% on the super wealthy. Are not Democrats suppose to represent working, middle class families? Then why did our Democratic Governor, Malloy, and our Democratic State Senator, Gerratana, and our Democratic State Representatives, Abercrombie and Aresimowicz, vote for passage of a state income tax sparring the super wealthy from its equitable share of Connecticut’s tax burden? Isn’t it bad enough that the billionaire hedge-fund executives pay only a 15% federal income tax rate on their earnings while middle class families average 35%? Where are the voices crying out for the middle class?

Working families feel the brunt of regressive taxes while a wealthy executive and owner of a Connecticut business is rewarded with $14.8 million in Connecticut tax credits for her company, and then is permitted to sell these credits. Why are not the Democratic leaders speaking up and opposing this inequity in our state’s tax laws? Do you hear their strident voices in opposition?

It’s time to make taxes progressive. It’s time for blue-dog Democrats to be replaced by progressive Democrats who advocate for working and middle class families.

Connecticut has the best tax system that money can buy. Remember this when you go to the polls again and vote for Governor, State Senator, and State Representative.

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About Connecticut Politics

William Brighenti is a Certified Public Accountant and Certified QuickBooks ProAdvisor, who operates a public accounting firm, Accountants CPA Hartford, Connecticut, LLC. Bill began his career in public accounting over thirty years ago. He provides a variety of accounting, tax, and QuickBooks consulting services to individuals and business across a wide spectrum of industries. Bill writes an accounting, tax, and QuickBooks blog under the penname, "The Barefoot Accountant". William Brighenti created the blog, Connecticut Politics, because of the need for a voice to cry out loud--Vox Clamantis--explaining the reasons for the terrible state of the economy in the United States as well as urging change and reform before the United States becomes a third world country.
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