Connecticut’s long-term fiscal health and economic growth depend on policies that improve equity and support our most vulnerable families and children. Governor Lamont’s proposed state budget avoids additional major cuts to essential programs and services, though it is based on revenue proposals that fall most heavily on our lowest income taxpayers. It asks little of our highest income taxpayers, who received a substantial tax cut in the 2017 federal tax bill. In fact, the Governor’s proposal would cut state taxes further for the wealthy by eliminating the gift tax and continuing plans to reduce estate taxes.
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