Rep Hovey Pledges To Vote Against Tax Increases
Rep Hovey Pledges To Vote Against Tax Increases
State GOP Representative DebraLee Hovey pledged September 29 not to vote in favor of any tax increases during the next two years if reelected. Rep Hovey is seeking her fourth term representing the 112th Assembly District, which includes the 3-2 voting district in Newtown.
She is being challenged by Democrat Michelle Mount, a Monroe attorney.
This week, the state Office of Policy and Management estimated the state deficit at $300 million. Governor M. Jodi Rell can make limited cuts to state agency spending, up to five percent of any appropriation and three percent of funds.
However, the Legislature must enact any additional modifications to the existing budget and/or tax increases to close the gap. Democrat legislative leaders have publicly stated they intend to wait until after the November elections to consider measures to address the deficit.
âTaxing our way out of the deficit is unacceptable,â said Rep Hovey. âConnecticut consistently ranks among the most heavily taxed states in the nation. Itâs no coincidence that we also have the highest number of people aged 18â34 leaving the state, and rank dead last of the 50 states in job growth.â
Rep Hovey noted the stateâs fiscal picture does not even account for the recent Wall Street meltdown, which will directly affect revenues. She said that state spending has risen to astronomical levels since the state income tax was enacted in 1991.
According to her release, from 1989 until 1991, the state budget grew to $6 billion. Since that time, it has grown to more than $18 billion.
Between 1990 and 2005, the amount of money state government took from taxpayers also more than doubled, from $6 billion to $14 billion. State taxes and spending since the income tax was enacted have increased at a rate triple that of inflation and the increasing taxes will only serve to further hike spending beyond what residents can afford, said Rep Hovey.
âThere is no doubt that the legislature will have to address the current deficit, which could grow significantly larger because of the downturn in the financial markets,â said Rep Hovey. âItâs important voters know where all candidates stand on this issue, as it has a serious impact on their personal finances.â