Connecticut Governor M. Jodi Rell wants a 10% hike in the personal income tax rate which would push the top marginal rate to 5.5% from the current 5% over two years,
The state will end the current fiscal year with a $500 million revenue surplus. Governor Rell’s budget would grow government by nearly 13%.
Rell has made a terrible first move as governor. Let’s hope Patrick will learn from the mistakes of others.
Please share widely!
I could be wrong and please correct me if I am
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But I thought we voted to lower the tax rate from 5.5 down to 5.0 years ago. Why is it going up?
I thought you were talking about our Gov. not CT’s.
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OH man – I almost had a small heart attack over here.