HARTFORD, Conn. – State Representative Jan Giegler (R-138) has blasted the Democrat majority for passing a state budget that increases taxes by $1.4 billion on the middle class and property owners, as well as hindering job-creating businesses.
“Their comments show they do not comprehend the reality of what can happen as the state continues down this path of destruction of over spending and taxation," Giegler said in a press release. "The implementer bill passed today does nothing but hinder job growth and hurt Connecticut residents already struggling to make ends meet. Instead of carefully considering strategic cuts to ease the burden on taxpayers and support job-creating businesses, they made a few small changes, pushed tax implementation dates back a year and abdicated their responsibility.”
The budget rolls back 10 percent of the original $1.8 billion in tax hikes that upset business owners, middle class families and taxpayers, according to a press release from Geigler's office. The Democrats paid for much of the tax rollbacks by diverting more than $100 million in additional revenue from sales tax increases that were intended to go to towns and cities, according to a press release from Giegler's office.
One of the most controversial taxes, the unitary tax, which would require corporations to pay taxes retroactively to January 2015 on the companies that they run out of state, was delayed to Jan. 1, 2016.
“Connecticut’s economy has been struggling for years and is consistently near the bottom of industry rankings and places to do business so a one-year delay in just another onerous business tax which does little to secure the future of these important industries,” Giegler said in a press release.
Additionally, the budget will negatively impact hospitals across the state, including a nearly $7.6 million loss to Danbury Hospital, according to a press release from Giegler's office.
“Our health systems have been drastically affected by this budget, especially Western Healthcare Network which has been unfairly prejudiced by the changes in the state’s distribution formula,” Giegler said in a press release. “Hampering hospitals’ ability to provide services to those in need is unconscionable."
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