Posted on March 14, 2019 by admin
Friday, March 15 at 10:30 a.m. in Room 2E of the LOB in Hartford
Last week, I wrote an op-ed about the governor’s budget and highlighted my concerns with his proposal to expand the sales tax to currently exempt items. With the potential for tolls and other tax increases on the table for 2019, the expansion of the sales tax could have an adverse impact on our state’s economy and the middle class.
This bill, proposed by Democratic Senate Pro Tempore Martin Looney, would create a statewide one-mill tax on real property (in addition to your local taxes) and would prohibit towns from collecting property taxes on motor vehicles. Instead, this power would reside with the state, which would impose a mill rate on cars between 15 and 19. This is a direct threat to local control and also an added burden for Connecticut taxpayers.
Submitting Testimony: Finance, Revenue & Bonding – Page 5 (number at bottom)
Friday, March 15 at 12:00 p.m. in Room 1A of the LOB in Hartford
This proposal would give any school district, whether local or regional, the power to assess, levy and collect taxes for educational purposes. It would also give them the ability to issue bonds and allocate funds for the same reason. Unfortunately, like Sen. Looney’s proposal for motor vehicle tax reform, this bill would prohibit local governments from generating revenue to support their school systems since this authority would now rest with the districts.
Submitting Testimony: Finance, Revenue & Bonding – Pages 9 & 10 (number at bottom)