August 24, 2017 @ 5:34 pm

I’ve got some bad news. My prognosis for budget negotiations is fairly dire. It is not because the legislature is lazy, or because of political posturing. It is because we do not agree on the problem. Of our tentative $2.6 billion budget deficit, over half is a result of past lawmakers abdicating their responsibility of fully funding the pension obligations. The remainder comes from anticipating significantly more revenue from the income tax than we actually received. While, many of my peers are determining ways to punish the middle class and our state workers, I would like to direct our attention to the wealthy. The ones who have direct access to politicians. Who pay half or less, as a percentage of income, than what the rest of us pay. This, while the top 1 percent of Connecticut income earners obtained 84 percent of the income gains over the last few decades, while the rest of our wages stagnate or decline.