Connecticut Governor Dannel P. Malloy has proposed over $1.5 billion in new taxes for the citizens and businesses of Connecticut.
Nothing is left untouched. He wants to tax yoga sessions, haircuts, pet grooming, car washes, much less raise the sales tax. Oh, and for good measure, he throws in new taxes on plastic surgery and boating support services (obviously an important industry to the state); toss in increased taxes on beer, gas, hotel rooms, rental cars, as well as a new slate of "luxury taxes." And then, there is tobacco.
He wants to raise the tax on cigars from 27.5% to 50% of the wholesale price.
This bill is being heard in the joint Finance, Revenue and Bonding Committee.
Send them a message.
1) They will send Connecticut tax revenue to lower cost alternatives, such as surrounding states and the Internet.
2) They will irreparably harm Connecticut small businesses, with lost jobs, and closed shops.
3) This type of regressive taxation results in the same budget hole they began with, and an expanded black market for illegal products.
This, indeed, is one of the worst pieces of tax legislation in the nation.
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