CEA Executive Director Donald Williams on Report by CT Commission on Fiscal Stability and Economic Growth
March 1, 2018
There is much to unpack in the commission's report, but raising taxes that disproportionately harm the middle class while providing tax cuts for the wealthy is not a formula that makes sense. Raising the state sales and gas taxes while eliminating the estate and gift taxes, and lowering income taxes most significantly for the wealthy, are not the bold reforms our state needs to help grow our economy."
"While we agree with other recommendations to improve our infrastructure and cities, we oppose taking away the rights of working men and women that will worsen wage inequality and make Connecticut less attractive for skilled employees."
"The proposal to utilize the revenue stream of the state lottery system for the Teachers' Retirement Fund is a concept that requires further examination, but could help reduce unfunded liability, ensure a consistent revenue stream, and improve the long-term viability of the fund. The Teachers' Retirement Viability Commission is also examining options to secure the stability of the fund, and we await the recommendations from this Commission in the coming weeks."
The Connecticut Education Association is Connecticut's largest teachers' union, representing active and retired educators across the state.