The State of Connecticut is in a fiscal crisis and the SEIU wants the wealthy to pay more taxes despite already higher tax rates.
Everyone is leaving Connecticut. Due to an exodus of companies, jobs and people out of the state, as well as the hefty health care and pension costs of state employees, Connecticut is facing a huge fiscal crisis.
In fact, as the Atlantic noted earlier this summer, “despite being the richest state in the country, by per-capita income, Connecticut’s budget is a mess.”
Its pensions are woefully under-funded. Its deficit is projected to surpass $2 billion, or 12 percent of its total annual tax revenue. Hartford is approaching bankruptcy.
Despite the fact that Connecticut has a graduated tax rate—the more one makes, the more one is taxed—the Service Employees International Union is airing ads calling that state’s wealthy to “pay their fair share and suggesting higher taxes for the rich,” according to WFSB.com.
A television commercial by Metro Square Media and from SEIU 1199 was released on Wednesday. In the ad called The Right Thing to Do, CEO of CareCentrix John Driscoll “calls on legislators to ask millionaires and corporations to pay their fair share,” according to SEIU 1199.
Driscoll, according to WFSB, is a member of the left-leaning group Patriotic Millionaires, a group that “focuses on promoting public policy solutions that encourage political equality, guarantee a sustaining wage for working Americans, and ensure that millionaires, billionaires, and corporations pay their fair share of taxes.”
Here is the SEIU ad:
Related:
- Hartford Warns It Could File for Bankruptcy
- SEIU Uses Kids In New Ad To Combat Connecticut Budget Cuts [Video]
