Affordable CT & Inflation

BUDGETING IS ABOUT PRIORITIES. We are now battling historic inflation levels and supply chain challenges for food/fuel/material goods that are impacting our lives. I am focused on solutions, read about them at AffordableConnecticut.com.

SOLUTIONS:
REDUCE INCOME TAX FOR WORKING- AND MIDDLE-CLASS
Lower the income tax rate from 5% to 4% for individuals earning less than $75,000 and joint filers earning less than $175,000 annually.
Total Tax Relief: $386.6 million

REDUCE THE SALES TAX + ELIMINATE MEALS TAX
Suspend the 1% meals tax on prepared foods and reduce the sales tax from 6.35% to 5.99% through the end of calendar year 2022.
Total Tax Relief: $212.1 million

RELIEF FOR RISING ENERGY COSTS
Bolster assistance to families that need help paying for energy costs like heating oil.
Total Relief: $42.5 million

FEDERAL COVID-19 RELIEF FUNDING TRANSPARENCY
We must establish accountability through the checks and balances of our democracy. We must implement oversight as needed. And above all, we must enhance transparency and public access.
RESTORE TRUST IN GOVERNMENT

Share this post

Leave a Reply

Your email address will not be published.