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Connecticut Coalition Wants Higher Income Taxes, Not Cuts

Chion Wolf
/
WNPR
The coalition called for an increase on individuals earning more than $500,000 a year or couples earning more than $1 million a year.

A coalition of labor unions and social services advocates say Connecticut lawmakers should increase income taxes on the wealthy rather than impose spending cuts to cover the governor's proposed rollback of business tax increases.

Representatives of Better Choices for Connecticut on Thursday called for an additional half of one percent increase on individuals earning more than $500,000 a year or couples earning more than $1 million a year.

“This budget already made hard choices, already asked a lot from families that can barely afford it,” said Roger Senserrich, policy director for the Connecticut Association of Human Services. “It’s time that those that can afford it, those that make the most money in the state pay a bit more.”

The two-year, $40.3 billion Democratic budget as it now stands would create a new top marginal of 6.99 percent.

Gov. Dannel Malloy last week called for scaling back $224 million in business taxes. He suggested state lawmakers grant him the authority to cut spending across the board by 1.5 percent or allow the General Assembly to make the spending cuts.

Legislators will return to the capitol for a special session at the end of the month.

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