Governor Dan Malloy’s tax bill increases the tax rates by as much as 30% on individuals whose gross incomes are less than $500,000 but only increases the tax rate on those millionaires and billionaires, residing in Fairfield County (Malloy’s county of origins) by a mere 3% in comparison.
It is time for Connecticut residents to petition Governor Malloy and their State Senators and Representatives by demanding a more equitable tax bill for the middle class: that is, one that spreads the pain more evenly to all of its citizens.
If the tax rates on middle class citizens can increase by as much as 30%, then certainly the tax rates on millionaires and billionaires can increase by at least that amount as well.
If you wish to add your name to the petition that we will be submitting to the State of Connecticut to amend Senate Bill No. 1239 (SB1239), please include your name, address, and email address on the petition that appears below.
Let’s spread the pain equitably all around so that everyone shares the pain, including the aristocratic class in Fairfield Country, one of the richest counties in the entire United States, where many of those Wall Streeters, who were responsible for our country’s economic collapse, live.
Do you want the most wealthy in Connecticut to pay their fair share in taxes? Do you want the Wall Streeters who caused our economic collapse to pay more in taxes? If you do, then click on the link below and sign the petition.
Barefoot Accountant
About William Brighenti
William Brighenti is a Certified Public Accountant, Certified QuickBooks ProAdvisor, and Certified Business Valuation Analyst. Bill began his career in public accounting in 1979. Since then he has worked at various public accounting firms throughout Connecticut. Bill received a Master of Science in Professional Accounting degree from the University of Hartford, after attending the University of Connecticut and Central Connecticut State University for his Bachelor of Arts and Master of Arts degrees. He subsequently attended Purdue University for doctoral studies in Accounting and Quantitative Methods in Business.
Bill has instructed graduate and undergraduate courses in Accounting, Auditing, and other subjects at the University of Hartford, Central Connecticut State University, Hartford State Technical College, and Purdue University. He also taught GMAT and CPA Exam Review Classes at the Stanley H. Kaplan Educational Center and at Person-Wolinsky, and is certified to teach trade-related subjects at Connecticut Vocational Technical Schools. His articles on tax and accounting have been published in several professional journals throughout the country as well as on several accounting websites. William was born and raised in New Britain, Connecticut, and served on the City's Board of Finance and Taxation as well as its City Plan Commission.
In addition to the blog, Accounting and Taxes Simplified, Bill writes a blog, "The Barefoot Accountant", for the Accounting Web, a Sift Media publication.
This tax will cause many to leave the state and move to New Hampshire.
Someone explain the laffer curve to Dan the CT tax man please.
I am a working in MA and living in Enfield CT. The minute my lease expires I will relocate to new hampshire or massachusetts.
Dan
I envy you. New Hampshire, incidentally, is beautiful, especially near Mount Washington.
I cannot believe that our state has allowed this burden to be added to the already stressed tax structure in CT. Please send me the petition.
Please send me a copy of the petition.
Thank you for requesting to sign the petition. I will post the petition on the website in the next day or two for anyone to sign and email back. And then I will attach all of the collected emails with your “signatures” (full name, address, email address) and email them to the Governor and the respective State Senators and Representatives.
Thank you, again, for your willingness to step up and be heard.
Barefoot Accountant
ridiculous what he is doing
Apparently Connecticut Governor Dan Malloy is looking after his neighbors in Fairfield County, oblivious to the concerns of the middle class in Connecticut.
The Barefoot Accountant
Pingback: Sign the petition to increase taxes on the wealthy. Petition Connecticut Governor Dan Malloy’s Senate Bill No. 1239 to raise the tax rate on the rich Connecticut residents. | Connecticut Politics
I clicked on the “sign petition” box, hopefully it worked!! Is there anything else I need to do to support this?
Jessica,
You have to “sign” the petition: that means you have to fill out the information, including your name, address, and email address.
It appears that you did not do such.
Please try again.
Thank you,
The Barefoot Accountant
Thank you for publishing these facts – I’m sick to death of being taxed to the extreme and not ever seeing the true Rich folks share any part of the burden. It’s truly disgusting! Folks WILL start leaving CT and for good reason – it’s too expensive to live here with the continued wasteful politicians incapable of cutting spending and putting an appropriate budget in place like the rest of the Middle Class has learned to do.
Perhaps if we organize together and demand change from our governmental representatives, they will listen to us as they are doing in Wisconsin now.
Thank you for your involvement. I appreciate it.
The Barefoot Accountant
Thanks Bill for the steadfast and relentless work you do! If this keeps up there will be nothing left in connecticut. I am already planning on doing my all my shopping out of state (including groceries). If we keep getting taxed to pay for the mistakes of others that is out of our bounds than there will be not spending, nor houses to live in. Half the state real estate is for sale and no new business coming into a tax burdened state. Wow this is really sad.
Thank you, Karen. I only wish you were Governor because I know that you would formulate fiscal policies conducive for small businesses in Connecticut as well as tax policies equitable to the lower and middle classes, unlike the regressive taxes in Senate Bill No. 1239.
Please run for Governor…LOL!
The Barefoot Accountant
Someone explain the laffer curve to Dannel
I just received a copy of the new tax legislation from my employer. While I dont consider myself a passive person,It does take a lot to get me fired up. If Im fired up, Im shocked that the rest of the states middle class is not frothing at the mouth and calling for a revolution.
The tax issue is only the tip of the iceberg, yet symbolizes an ever increasing sense that our government is either not hearing or not responding to the voice of the people, or perhaps the fact that there is no voice that TRULY represents the people. It has been my sense that there is a growing and pervasive sense of powerlessness that has lulled us to sleep. People truly have taken on the victim mentality of “There’s nothing I can do”. Whether it’s gas prices, or retroactive tax increases, running to another state is a band-aid, this is a national problem. Until the people take a stand, nothing will change. I am willing to part of the sollution, and although there is no quick fix or simple remedy, we have to start somewhere. Taking our heads out of the sand and believing that change is possible is the first step. There is no change or growth that occurs without pain. So ask yourself are you willing to endure a relitively short term pain. The same pain, inconvienence, belief or feelings of powerlessness that has kept you from already acting already . The longer we sit and do nothing, the more we reinforce the notion that we are powerless. We must take responsibility for our half of the equation. If we see this soley as something that Is being done to us and are unable to see that we are in collusion by allowing it to happen we will continue to contribute to our own abuse. Time to talke a stand!
Sent the above version prior to editing.
I just received a copy of the new tax legislation from my employer. While I don’t consider myself a passive person, It does take a lot to get me fired up. If I’m fired up, I’m shocked that the rest of the states middle class is not frothing at the mouth and calling for a revolution.
The tax issue is only the tip of the iceberg, yet symbolizes an ever increasing sense that our government is either not hearing or not responding to the voice of the people, or perhaps the fact that there is no voice that TRULY represents the people.
It has been my sense that there is a growing and pervasive sense of powerlessness that has lulled us to sleep. People truly have taken on the victim mentality of “There’s nothing I can do”. Whether its gas prices, or retroactive tax increases, running to another state is a band-aid, this is a national problem.
Until the people take a stand, nothing will change. I am willing to be part of the solution, and although there is no quick fix or simple remedy, we have to start somewhere. Taking our heads out of the sand and believing that change is possible is the first step. There is no change or growth that occurs without pain. So ask yourself are you willing to endure a relatively short term pain. The same pain, inconvenience, belief or feelings of powerlessness that has kept you from already acting .
The longer we sit and do nothing, the more we reinforce the notion that we are powerless. We must take responsibility for our half of the equation. If we see this solely as something that Is being done to us and are unable to see that we are in collusion by allowing it to happen to us, we will continue to contribute to our own abuse. Time to take a stand!
good luck to all the dems in connecticut…you elected this turkey….now you all can live with him
Isn’t that the truth?
Barefoot Accountant
I have lived in CT my entire life, my wife is originally from Massachusets.
If this keeps up I will sell my new house and move to either Mass. or R.I.
This is crazy!
It is truly sad that all governments, from the local to the federal level, have gotten out of control. The millions and millions of dollars given to the pockets of politicians is unbelieveable. The special interest groups that our politicians must kiss up to in order to get their funds for elections and re-elections have been a major cause for where we are today. If we could stop the direct contributions to these career politicians then maybe we the people could actually feel some sort of control over our lives instead of the way everyone feels today. But you know what? We keep electing these same people over and over again. What’s up with that????? Sad times, sad days. Another question…How many of our politicians are millionaires?? Multi-Millionaires? I’ll bet you $10,000.00 that most are!!!!!
President Barack Obama raised $750 million in his Presidential campaign in 2008: Goldman Sachs, the Wall Street investment firm, was his largest contributor. Is it any wonder then that President Obama never proposed the re-enactment of the Glass-Steagall Act, requiring the separation of commercial and investment banking, which merger caused not only the Great Depression but the subprime mortgage crisis in 2008? To get elected and re-elected to office, politicians need to advertise in the media, and that costs big bucks. And where do the politicians get the big bucks? From the wealthy 1% and the big corporations, now that Citizens United allows unlimited campaign funds.
Recall that Bill Clinton was worth around $250,000 in 1992. When Hillary declared her candidacy in 2008, the Clintons were worth $109 million.
Lobbying monies has been characterized by critics as legalized bribery. How many politicians have advanced legislation not in the interests of the majority of Americans simply for money? I suspect far too many. This is the problem of our political system: our politicians pandering for money.
The Barefoot Accountant
Whoops…I’m sorry. I don’t have $10,000.00. My local, state and federal governments have it. I “misspoke” about my finances.
Another 3 years of this bozo unless he gets caught with his hand in the cookie jar and he can be impeached. He is a total embarrassment to Ct! There is absolutely no reason he should be ridiculing,mocking,demeaning anyone,as he did with Gov Mr Christie,and it makes the rest of us look bad.I think the word here is “jealousy” and Malloy is just a tiny minnow in the politican sea. Gov Mr Christie and Gov Mr Cuomo are respected by both sides of the political spectrum and are doing fantastic jobs for their states,and one man is Rep and the other Dem. And then we have Malloy. People will think that all citizens of Ct are like him and that is totally untrue..This arrogant little man has got to get a grip on himself,his attitude,and his spending.! Our only hope now is that ,hopefully, he will run for senator, lose the election, and be out of politics.FOREVER! I am planning to get out of this state ASAP!I have been reading the 3 week saga about Malloy which has appeared in the Ct Post and I am just horrified with his sarcastic remarks,his snickering, his foul language,his ridiculing of others……………….this man is a bully!
I take it that you signed the petition…LOL!
Stealing from the middle class and giving to the rich will perhaps get him in good graces with his Wall Street country club neighbors in Fairfield County.
next election make congress two third democrats. its the middle class workers that made them rich. so stop the bull—- and give us our jobs back from China. Made in the U.S.A.