Yankee Institute Releases “Fiscal Flapdoodle” Report
One month ago, Governor M. Jodi Rell announced her budget for the 2008 and 2009
fiscal years. The cornerstone of her plan is a 10 percent hike in Connecticut’s income tax,
designed to expand subsidies to the state’s school districts. Other highlights include a new program for citizens who lack health insurance and further subsidies to the state’s transit services.
Herewith, an examination of the five most fallacious claims being made to justify the
Rell administration’s budget — as well as suggestions for taxpayer-friendly policy
alternatives.
