More taxes coming…More people going

In Connecticut, the most if not one of the most taxed states of the union, there are plans in the leftist, union backed and communist inspired General Assembly to put taxes on…GROCERIES.

But, Senate GOP Leader Len Fasano, in an email to subscribers, did this with a little bit of sarcasm-twinged Connecticut humor.

Actually, Fasano “thanked the state’s Department of Revenue Services for proposing 2020 legislation…” to cut the tax approved by Democrats in their state budget passed last year.  The much minority Senate Republicans will also be pushing forward with a proposal to get rid of the tax language in the upcoming legislative session.

“The only way to fix the law and truly protect taxpayers from the Democrats’ grocery tax is to change the language and pass a new statute. Republicans called for this to happen last year, but Democrats refused, because either they couldn’t admit they made a mistake, or at some point when the public isn’t looking, they plan to enforce the existing language, tax groceries and hide behind the language of the law,” said Fasano.

So what is the grocery tax?  This image may explain.

Democrat lawmakers claimed it would only apply to food items already subject to the sales tax. But the legislation included language expanding the tax to dozens of grocery store items never taxed before including rotisserie chickens, bags of lettuce and loose bagels and baked goods.

Taxing rotisserie chicken?  That’s fowl play (you’re welcome!)

 

And this ridiculous burden, another example of theft, may be yet another reason people are leaving “California sans earthquakes.”

Last week, the Yankee Institute for Public Policy put out an article saying how the state lost over a billion dollars in wealth to other states.

The numbers were based on the most recent year available 2018.  And the money is going to the usual spots…at least two of them,

Where is all the money going? Florida, mostly. The Sunshine State has been drawing Connecticut residents consistently for years and, over the course of 2017, accounted for $922 million of Connecticut’s total loss of gross income.  Connecticut also saw a net loss of $157 million to Massachusetts and $149 million to North Carolina,” Y.I.P.P.’S Mark Fitch wrote.

Florida and North Carolina, despite the latter having a Lamont-type governor in progressive Roy Cooper is understandable.  But, Massachusetts?  Well then again, GE moved from Fairfield to Boston a few years ago and the sales tax is 6.25%, slightly lower than 6.35% in Connecticut, but more calculable.

As it is 2020, the Census will be taken.  And if this is any indication, Connecticut may be a few steps closer to asking for a bailout from (God for fend) President Sanders, Warren or Biden!

“According to the U.S. Census Bureau, Connecticut experienced a net loss of 29,517 people in 2018, with a significant increase in the number of individuals moving to Florida,” Y.I.P.P. said.

In a state that in the last Census count, in 2010, had a population of 3,574,097, Fairfield County, where this writer lives, had a population of 916,829.  One can assume some of these people are commuting to work in New York City or Westchester County, NY.

Hartford, New Haven and New London Counties saw as much as 899,000 in those three each; mostly due to Colleges (Yale, Southern CT State, Quinnipiac, University of Hartford, the boondoggle of Dunkin Donuts Field or Rentsaleer) or the two casinos in New London County.

Middlesex. Windham, and (despite having UCONN’s main campus in Storrs), Tolland counties the population in each ranged from 118,428 to 199,999.  What this year’s Census says could mean a political shift as far as Congressional Districts go.

Connecticut has lost population to other states dating back to the Malloy regime, since 2013, and studies show those moving out have higher earnings than those moving into the state, but the losses in 2017 weren’t nearly as bad as some past years.

Take 2015, please.

2015 saw a net loss of $2.6 billion, largely from high-wealth individuals leaving, with $1.8 billion of that wealth going to Florida, according to the IRS.

Who makes up the majority of those leaving?

The largest groups of people leaving generally consist of retirees and college students, and retirees make up a large portion of the income and wealth loss. But Connecticut’s sluggish economic growth may be driving people seeking jobs out of state as well.

A moving survey in 2018 by United Van Lines ranked Connecticut 4th in the country for more people moving out than moving into the state. The main reason for moves was jobs, followed by retirement.

And more bad tax policies keep piling up.

Gov. Ned Lamont and the legislature closed a $1.5 billion budget deficit in 2019 with a mixture of small tax and fee increases and maintaining taxes that were meant to sunset. But the state now faces a $28 million deficit this year, when it was expecting to see a $141 million surplus.

Either someone didn’t hit the right calculator buttons…or there’s some pork barrel/under the table spending nobody knows about.

Even worse, Connecticut’s Office of Fiscal Analysis projects budget deficits as high as $1.2 billion between 2022 and 2024, due to fixed costs that are growing faster than revenue.

Connecticut, a bluer than UCONN National Flag Blue state is not alone

New York, Illinois and California all saw large outflows of wealth, losing as much as 1.3 percent of their total AGI to other states, according to Wirepoints.org.

If only Connecticut had the guts to elect someone like Florida’s Ron DeSantis, who in one poll has a 72% approval rating…THAT’S MONSTER!  Why such high numbers?

DeSantis’ approval rating is heavily lifted by a 91 percent thumbs-up from Republicans. Yet he also has strong majorities of both Democrats and independent voters pleased with what he’s doing, according to the poll, done by UNF’s Public Opinion Research Lab. The Republican Governor has majorities of Floridians approvals across all demographic groups, except African American voters with whom he manages 50 percent, with only 32 percent of black voters disapprove of his performance.

Is there a Ron DeSantis in Connecticut?  I hope so.

 

 

 

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