Yankee Institute statement on Gov. Lamont’s State of the State Address
“We appreciate Governor Lamont’s efforts to fix this year’s budget deficit without any major tax increases, and we hope the governor will continue to resist calls to increase the state’s income tax and capital gains tax rates this session. However, the governor’s plan to toll Connecticut’s highways – despite widespread public opposition and questionable legal standing – burdens people and businesses in our state and should be discarded.
What’s more, the governor has broken his campaign pledge to achieve savings from Connecticut’s public-sector unions, who continue to wield inappropriate influence over state government to the detriment of Connecticut taxpayers. Our state finances continue to face serious structural problems brought on by decades of debt and unfunded government pension obligations. And state government continues to compete with businesses and non-profit organizations through attempts to create a public healthcare option and refusing to transition government services to private non-profit groups where people can be served with greater efficiency and less expense.
Until these matters are addressed – and thus far, they haven’t been – Connecticut will continue its spiral of budget deficits, tax increases, outmigration and slow economic growth. We hope Gov. Lamont will have the courage to fight for all Connecticut’s people and businesses to ensure they are no longer overtaxed to pay union benefits or burdened with onerous business regulations that depress our state’s economy. We stand ready and willing to help in any way to ensure all people and businesses in Connecticut are free to succeed.”
Statement attributable to Yankee Institute President Carol Platt Liebau