State of Connecticut Archives: on Tax Reform

Linda McMahon: Economy is fragile; don't raise taxes in a recession

McMahon said Blumenthal would allow many of the Bush-era tax breaks to end with this year's calendar, to which Blumenthal replied that the nation's wealthiest don't need them and that he would focus on helping small businesses.

McMahon said that the current economy is fragile. "I certainly want to say to everyone here that I believe that now in time of recession we should not raise taxes on anyone, certainly not on the middle class," she said.

Linda McMahon: Don't raise taxes on anyone, including middle class

McMahon, in rebuttal, reiterated her position on tax cuts: "We should not raise taxes on anyone, certainly not on the middle class," she said. She painted Blumenthal as a career politician who, as a state legislator, voted for a record tax increase. "I don't think we can send Mr. Blumenthal to Washington with his tax-and-spend philosophy," McMahon said.

Linda McMahon: Make Bush tax cuts permanent or CT loses 8.500 jobs

BLUMENTHAL: I support extending tax cuts for the middle class. My opponent would vote against tax cuts for the middle class unless and until the wealthiest 2% get tax cuts too. I think that is wrong.

McMAHON: I would make the current tax law permanent. Allowing the tax law to change as proposed would negatively affect our most successful small businesses and our seniors. It is estimated that $1.8 billion will leave the state and be in the hands of Washington politicians if the proposed tax increases go into effect. Only four states in the union will be hit harder than Connecticut. The tax hikes would significantly affect the economy in Connecticut, most notably in the number of jobs and change in personal income. From 2011 to 2020, the state of Connecticut would:

• Lose, on average, 8,547 jobs annually
• Lose, per household, $5,101 in total disposable personal income
• See total individual income taxes increase by $12.4 billion.

Prasad Srinivasan: Opposed tax increases; shrink size of government

• Opposed the two largest tax increases in the state's history (2011 and 2015)
• Opposed increasing the size of the state government
• Co sponsored legislation to force MDC to treat neighboring towns fairly
• Co sponsored successful legislation to improve disclosure of electric rates contract terms

Prasad Srinivasan: We must control taxes and spending

Richard Blumenthal: Nation's wealthiest don't need extension of Bush tax breaks

"Let me remind you, when he was in the Legislature, one year he voted for an $850 million tax increase that affected middle-class Americans," said McMahon. "We're still paying for it today," said McMahon. "And he almost doubled state spending. We cannot afford another tax-and-spend senator in Washington. We can't afford you Mr. Blumenthal, we've had enough of you already."

McMahon said Blumenthal would allow many of the Bush-era tax breaks to end with this year's calendar, to which Blumenthal replied that the nation's wealthiest don't need them and that he would focus on helping small businesses.

"I certainly want to say to everyone here that I believe that now in time of recession we should not raise taxes on anyone, certainly not on the middle class," McMahon said.

Richard Blumenthal: Don't hold middle-income tax cut hostage to wealthiest 2%

McMahon, in rebuttal, reiterated her position on tax cuts: "We should not raise taxes on anyone, certainly not on the middle class," she said. She painted Blumenthal as a career politician who, as a state legislator, voted for a record tax increase. "I don't think we can send Mr. Blumenthal to Washington with his tax-and-spend philosophy," McMahon said.

Richard Blumenthal: Extending Bush tax cuts for wealthiest 2% is wrong

BLUMENTHAL: I support extending tax cuts for the middle class. My opponent would vote against tax cuts for the middle class unless and until the wealthiest 2% get tax cuts too. I think that is wrong.

McMAHON: I would make the current tax law permanent. Allowing the tax law to change as proposed would negatively affect our most successful small businesses and our seniors. It is estimated that $1.8 billion will leave the state and be in the hands of Washington politicians if the proposed tax increases go into effect. Only four states in the union will be hit harder than Connecticut. The tax hikes would significantly affect the economy in Connecticut, most notably in the number of jobs and change in personal income. From 2011 to 2020, the state of Connecticut would:

• Lose, on average, 8,547 jobs annually
• Lose, per household, $5,101 in total disposable personal income
• See total individual income taxes increase by $12.4 billion.

John Flynn: I object to additional taxes during a pandemic or otherwise

• I will defend retirement savings.
• I will review the bailout policies for Sanctuary Cities.
• I will work to rewrite rigid income tax installment contracts for businesses.
• I object to additional taxes during a pandemic or otherwise, along with CT transit tolls.
• I believe the recent stimulus package was a loan; therefore, the mil rates should have been dropped.