CtTaxed.com

“This is a very fair, progressive, and wonderful tax package for the state of Connecticut,” Daily said

Cue movie scene, Democrats running through meadows of flowers carrying large baskets of cash and throwing the money to lines of adoring peasants.

Cue music, Twlight Zone theme. Now in your best Rod Sterling voice, “Contemplate this, WHAT PLANET ARE THEY ON?”. It is so wonderful, full of love and caring and compassion and we mean well you know.

Now the Rell, showing up late is better than not showing up at all. Rell decried the Democratic budget as “irresponsible” because it would increase spending by nearly 10.5 percent at a time when she said inflation was running at 2.5 percent.  The Rell has figured out what planet she is on.

Oddly the Hartford Courant does not give us hard numbers on the budget. Like what exactly is the increase in taxes?

For hard numbers you need to go to the Journal Inquirer, third paragraph front page. ” The measure, which would raise $411 million in net new taxes next fiscal year through the income, sales, and cigarette levies,….”

Remember folks, we have a 1.5B$ surplus from over taxation from the last fiscal year. That is essentially almost 2 B$ in new spending. 2B$ in new built in year after year spending.

Sad thing is we are really running in the red in this state, if we did our accounting to Generally Accepted Accounting Practice and put the debt and pensions on the same books we would be red. And this in the highest taxed state in the land.

No wonder I am feeling blue. It is a beautiful thing you know.

In other news I just got back from a week in Alabama, the hot spot of aviation industry.  Where I drove by the new Airbus Engineering facility where up to 400 new engineering jobs will be located.  Long time since we heard news such as this.

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