Amir Iljazi

New State Budget Proposal... Same Old "Taxing" Ideas


Posted by Amir Iljazi on Tuesday, April 7th, 2009, 5:30 PM PERMALINK


The Democratically controlled CT Legislature came up with a way to “fix” their hemorrhaging budget crisis, and figured they would do it later in the week when nobody was watching. Unfortunately for them, with States all over the country facing the same problems… everyone is watching.

The Democrats’ newly drafted budget calls for a variety of tax increases that will hit various groups all struggling to make ends meet in these challenging times. The proposed tax hikes would amount to more than $3 billion over just two years. The Hartford Courant outlined the budget plan in an article late last week:

The Democrat budget proposal will hit Nut Meg State residents in a number of ways:

  • A 60% spike in the income tax rate for the state’s most productive residents
  • A reduction in the property tax credit (AKA a property tax hike)
  • Application of sales tax to items that had been previously exempt (including child car seats)
  • Sales tax increase of $80 million
  • A 30 percent surcharge on the corporate profits tax outliving the budget

The budget proposal, which passed largely along party lines, drew harsh criticism from many Republicans. Republican Gov. Jodi M. Rell characterized the plan almost immediately after passage, saying "it is the most fiscally irresponsible scheme I have seen in all my years here at the Capitol."

Reading the budget proposal from the Democrats in Connecticut more closely, one would find that the obvious reason they are attempting to increase taxes with such staggering measures is because in terms of budget cuts they have decided to do what amounts to nothing.
 
The stage is now set for a fierce battle between the Democrats who control the legislature, and Gov. Rell who must sign off on any budget plan for it to take effect. With holidays coming up, negotiations are expected to begin in the coming weeks, with hopes of getting a deal on the table and signed by June 1st, end of the legislative session. We here at Americans for Tax Reform will keep a close eye on this fight as it seems once again the only solution that many legislators keep coming up with is more of the same “tax and spend” policies that landed these state balance sheets in the sad state they are in today.

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Death Tax primed to "kill" Rancher and Family Legacy


Posted by Amir Iljazi on Thursday, March 26th, 2009, 3:00 PM PERMALINK


Simply put, the Federal Government never sees an "end" to any kind of reach that they may have.

The "Death Tax" is a concrete example of this disease that has hurt not the Federal Government, but everyday people who experience the harsh realities of life.

In a Wednesday piece from Austin American-Statesman, Rancher Clayton Leverett tells of the increasing hardships that he and his family now face because of the unfair and overreaching "Death Tax" that has put the survival of his family's ranch (which has seen five generations of Leverett) in serious jeopardy.

After reading Mr. Leverett's story, think about how easy it has become for the Federal Government to hinder the Financial Freedoms of Americans. After that, think about the prospect of them reaching even further into our pockets... dead or alive:

 

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NY20- Tedisco Challenges Murphy on Geithner


Posted by Amir Iljazi on Thursday, March 19th, 2009, 8:09 PM PERMALINK


Cook Political Report has Tedisco up +3, but it is still considered a “toss-up” race. The latest coming from the contest is that Tedisco has called for the resignation of Sec. Geithner and is also using Murphy’s support of the Stimulus Bill to link him to the AIG Bonuses:
Assemblyman Tedisco-
 
"In these challenging times, our country can ill-afford to have a Treasury Secretary who does not command the full confidence and trust of the American people."
 
"I believe that, in the best interests of our country, Secretary Geithner should tender his resignation. We need a Treasury Secretary whose first priority will be protecting and fighting for the economic interests of Main Street, not defending the inexcusable actions of AIG."
 
"In the interest of bi-partisanship, I am asking Scott Murphy to join me in calling for a new direction in leadership at the Treasury Department. News that Congress is considering a legislative remedy to address the AIG scandal is heartening. Hopefully, this time Members will actually vet the legislation before they vote."
 
I’m pretty sure at this point it is way too early, but as the race stands now, NY20 has generated a great deal of attention from many all over the political atmosphere. Many prominent GOPers have made it one of their top priorities to help Tedisco win what could be a significant gain in the 2010 Midterms. As a candidate, Assemblyman Tedisco has signed The Pledge and Candidate Murphy has not. The “$20 for 20” Campaign was mentioned heavily at CPAC last month, and Tedisco’s popularity, not to mention revelations about Murphy and his views on the ROTC and the Military in general, is helping put him in the driver’s seat to a possible victory next November.

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