tag:blogger.com,1999:blog-10214263.post116593659867318368..comments2023-10-18T11:04:13.946-04:00Comments on Connecticut Local Politics: Amann: Millionaire's Tax off the Table for NowGenghis Connhttp://www.blogger.com/profile/13042849182723767087noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-10214263.post-1166129372628000852006-12-14T15:49:00.000-05:002006-12-14T15:49:00.000-05:00"High taxes on gasoline are good public policy."I ...<B>"High taxes on gasoline are good public policy."</B><BR/><BR/>I used to be a believer in that as well, but now I have to say that were I a member of the Connecticut House of Representatives, I would vote <I>against</I> an increase in the gas tax.<BR/><BR/>Why? It's regressive. Poor people pay more proportionally, and that's bad public policy. Poor people, and middle-class people, who commute in their cars, drive their children to school in their cars, etc., would feel a gas cost increase much more than the Gold Coast soccer mom who would hardly notice the slightly higher charge on her Mobil Platinum card.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1166019996182749832006-12-13T09:26:00.000-05:002006-12-13T09:26:00.000-05:00It's more importan to raise revenue than to promot...It's more importan to raise revenue than to promote the public health. Got it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1165979517684632592006-12-12T22:11:00.000-05:002006-12-12T22:11:00.000-05:00While raising cigarette and alcohol taxes are not ...While raising cigarette and alcohol taxes are not necessarily bad from a public health perspective (because if they have the right effect, less people buy them), they are bad from a revenue standpoint. If people buy few cigaretts and alcohol because of higher taxes, they don't end up providing a stable revenue source. This is why Amann and others have opposed this taxes in the past--not because of the public health effect but because, plain and simple, it's not a way to fund budgets.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1165951246535915142006-12-12T14:20:00.000-05:002006-12-12T14:20:00.000-05:00Raising the income tax rate would really hurt some...Raising the income tax rate would really hurt some members of the super majority -- seats in Fairfield, Simsbury, madison, Stamford/New Canaan, North Stonington -- just to name a few.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1165947442636808662006-12-12T13:17:00.000-05:002006-12-12T13:17:00.000-05:00The current service budget deficit mentioned by OP...The current service budget deficit mentioned by OPM and the Governor is not large by typical standards. Usually the gap at this stage of the game is over a billion dollars. State agencies pad their budget requests and do worse case. This year the budget request was well over 10% higher than the current year budget. It will be easy to pare down 4% or 5% of excess request which will close the current services gap. The whole discussion about the pension liability focuses on what they state is paying in. This should be balanced with a discussion about restructuring pension plans.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1165945285884673812006-12-12T12:41:00.000-05:002006-12-12T12:41:00.000-05:00Actually the millionaire's tax has been off the ta...Actually the millionaire's tax has been off the table for quite some time now.... The General Assembly had managed to get it down to about $250,000 the last I knew. <BR/><BR/>In any case as was mentioned above it will be back fairly soon. Probably looking more like a hundred thousandaire's tax.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1165942169705817182006-12-12T11:49:00.000-05:002006-12-12T11:49:00.000-05:00High taxes on cigarettes and alcoholic beverages i...High taxes on cigarettes and alcoholic beverages is good public policy. They serve to make harmful behavior more costly. And they are easily escaped. I don't smoke, I don't pay the taxes.<BR/><BR/>High taxes on gasoline are also good public policy. They serve to lessen use of a valuable resource. Unfortunately, Americans feel 'entitled' to cheap gas, and the point where higher costs actually dampen demand is well above current retail prices. Just about everyone agrees that less use of foreign oil is positive for the U.S. But just about everyone wants everyone else to make the effort to conserve.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1165941120457889282006-12-12T11:32:00.000-05:002006-12-12T11:32:00.000-05:00Posturing. He wants Gov. Rell to raise the issue ...Posturing. He wants Gov. Rell to raise the issue of higher taxes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1165939596810107392006-12-12T11:06:00.000-05:002006-12-12T11:06:00.000-05:00Universal Healthcare should be the most important ...Universal Healthcare should be the most important issue in our state. Let's shake a leg!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-10214263.post-1165939480732176092006-12-12T11:04:00.000-05:002006-12-12T11:04:00.000-05:00Here we go again. The revenues are not measured ag...Here we go again. The revenues are not measured against current liabilities just as the current surplus is an isolated number when you consider the bonded debt and the unfunded long term retirmenet fund liabilities.Anonymousnoreply@blogger.com