Please sign, then share, this petition to let Gov. Malloy and other key legislators know that 93% of us agree with him:  

We don't want higher or more taxes on the middle and low income folks like the 'mileage tax' being studied would do. This new tax would hit middle and working families the hardest.

What we do want, and what the austerity budget cuts and the State of CT's downgraded credit rating shows we NEED, is the end of the 30 year experiment of giving tax breaks to the 100k millionaires (7% of CT's families), and now 16 billionaires, here in CT.

Hear Jenny, in the picture above (with her mother) ask the Gov. to bring back her speech therapist! That's me.  We were laid off from DDS on May 3rd.

http://wtnh.com/2016/07/20/union-launches-media-campaign-against-state-layoffs/

Many millionaires are saying they NEVER ASKED for these tax cuts, and are lobbying to restore taxes to the rates they paid in the 50s, 60's and 70's, and put an end to the outrageous loopholes that let hedge fund managers pay a lower rate of income in tax than we do, nearly half as much! All the Gov. has to do is ask them to pay their fair share. This petition can help in that.

You can join Patriotic Millionaires for Fiscal Strength:

http://patrioticmillionaires.org/​

https://www.youtube.com/watch?v=MJBTYoOGzu0

Austerity-only cutting to balance budgets is unacceptable morally, and unsustainable economically, as the anticipated $1.7B hole in the 2017 budget testifies. Republican Gov. Rell left a $3B hole for Malloy to try to fill. We are in a race to the bottom with both D and R parties refusing to reform CT’s  tax structure.

Patriotic Millionaires Motto:  "Those who have more should pay more, those who have less should pay less". 

Gov. Malloy-don't lay off middle class speech therapists, mental health workers, sign language interpreters, judicial marshals, and teachers, or cut services to people with autism and developmental disabilities, to fix a systemic revenue shortage.

You can fix CT's recurring budget deficits by working with the Finance, Revenue and Bonding committee in Hartford to:

1. End the carried interest loophole, a tax loophole which allows hedge fund managers to pay a lower tax rate on their income than working families do, so they pay a smaller percent of their income in taxes than than most of us.  This would bring CT an estimated $500M/year.

http://www.ctnewsjunkie.com/archives/entry/is_it_time_to_close_the_carried_interest_loophole_advocates_say_yes/​

https://www.youtube.com/watch?v=5vq22vjGNos&feature=youtu.be

2. Return the top marginal tax bracket to $1M+  for single earners.

There are 11 states that have adopted the millionaire tax.

 3. Return to progressive tax rates/brackets.  http://www.bankrate.com/finance/taxes/state-taxes-connecticut.aspx

CT top bracket is on income over $500k at a rate of 6.69%

Compare to California: 

http://www.bankrate.com/finance/taxes/state-taxes-california.aspx

12.3% on taxable income of $526,444 and above.
A 1% surcharge, the mental health services tax, is collected on taxable incomes of $1 million or more, making California's highest marginal rate 13.3%.

**Top FEDERAL income tax bracket rates were 77% under Hoover, 94% under Roosevelt, 87% under Eisenhower, 77% under Johnson, 70% under Nixon, 28% under Reagan, 39% under Clinton, 33% under Bush, and now 39.6 under Obama.

4. End corporate welfare.

WalMart, Bank of America, Dunkin' Donuts and many other mega corporations pay employees a low enough wage that they are eligible for CT food stamps, medicaid, and section 8 housing. This means our tax dollars are subsidizing these profitable corporations, while we 'don't have enough money' to pay for services for people with disabilities, mental health and addiction services.

We want you to introduce and work to pass, with our support, legislation mandating that profitable corporations reimburse the state for housing, food and healthcare costs born by taxpayers to support their low paid workers. This was attempted in the 2014 CT legislative session, but failed.

We're paying attention now.