Comment on GOP says sales tax cut won't give much benefit

GOP says sales tax cut won't give much benefit

House Minority Leader Themis Klarides, R-Derby, said the proposal is typical of the Democratic governor, who raised state taxes by a record amount in 2011 and whose budget adjustments last year proposed $55 taxpayer rebates, until they disappeared as state's financial picture worsened. Malloy, who in recent weeks has been revealing pieces of his budget plan, will present his entire two-year, nearly $40 billion spending package Wednesday to the General Assembly, which will hold hearings on various portions of the plan before voting on an overall budget by its June 3 adjournment. According to an analysis of the drop in the sales tax and the retention of the tax on clothing, the net change would be an increase in state revenue of $69 million in the fiscal year that starts July 1 and a decline of $12 million in the second year of the budget cycle. "[...] his track record is not good," she said, pointing to a hospital-provider tax that brings the state about $500 million a year that was supposed to be offset by federal support for hospitals that has not materialized. "[...] we see a detailed plan, it's hard to measure the true impact of the governor's announcement today," Fasano said.

 

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