As
increasing wealth inequality makes it harder and harder for working
class families to make ends meet, pressure is building at the state
legislature to enact measures that increase spending on people's
needs and gain revenue by taxing the rich.
The
Legislature's Tax Equity Caucus addressed these needs at a press
conference followed by a march with the Connecticut for All coalition
to the Office of Policy and Management to make their point on Tax
Day.
The
Tax Equity Caucus initiated by Rep. Josh Elliot, aimed to inform the
public and make sure that the leadership in the legislature is strong
in their negotiations with Governor Ned Lamont, who has consistently
opposed taxing wealth.
The
Caucus stressed the need for comprehensive tax reform that holds the
wealthiest individuals and large corporations accountable, insisting
on policy changes that prioritize fairness, address growing economic
disparities and send a clear message: it’s time for a tax system
that works for everyone.
“Working
families pay more than 30% of their income on rent and almost 40% of
their income in taxes, while the top income tax bracket pays only
7.3% of their money in taxes,” explained Constanza Segovia,
Organizing Director for Connecticut For All, “And then we have
corporations like Amazon, the largest company in the world, with
reported profits of over $10 billion in 2018 and an effective tax
rate of -1%.”
Connecticut
Citizens Action Group (CCAG) joined in the press conference and the
march for tax equity that followed. CCAG and Americans for Tax
Fairness (ATF) released a report that morning showing that the
collective fortune of Connecticut’s 14 billionaires has grown by
$33 billion, or 61%, since the Trump-GOP tax law was enacted in
2017.
As
Human Service Committee co-chairs Jillian Gilchrest and Matt Lesser
pointed out in the report, “extending Trump’s tax breaks for
oligarchs is doubly offensive because it means cutting critical
healthcare and services for working families.”
Families
in the top 5%, who make more than $320,000 a year, are the ones who
will benefit from extending the 2017 federal tax cuts according to
the Center on Budget Policies and Priorities.
The
Trump-Republican Congress is seeking $880 billion in federal budget
cuts to help pay for it, requiring that funds be slashed for
Medicaid, special education, food stamps and other programs.
“We
have ultra-wealthy residents who don’t just have the ability, but
the responsibility, to pay their fair share of taxes,” said State
Senator Gary Winfield, “Even if we didn’t have the threat from
the Trump Administration, we would still have people outside of the
Capitol demanding more because they are drowning and it’s our state
policies that are failing them.”
The
previous week, before a crowd of more than 800 residents gathered at
Immanuel Congregational Church in Hartford, House Speaker Matt Ritter
announced that legislative leaders are moving to suspend
Connecticut’s restrictive fiscal guardrails.
The
event, hosted by the Greater Hartford Interfaith Action Alliance
(GHIAA) and Connecticut For All (CTFA), brought together faith,
labor, and community leaders to demand bold public investments in
education, housing, healthcare, and infrastructure—and to push back
against the artificial austerity imposed by outdated budget
constraints. This announcement marked a major turning point in
the fight for equitable investment in communities across the state,
but is only a part of the solution that Connecticut needs.
Speaker
Ritter’s commitment follows months of sustained grassroots advocacy
and organizing led by CTFA and GHIAA, and their allies. While this
development signals meaningful momentum, advocates emphasized that it
must be the beginning—not the end—of bold fiscal action. With
more than $2 billion in urgent needs across the state, residents
cannot afford a “wait and see” approach. Suspending the
guardrails is a critical step, but it must be followed by real
investment in the programs and services that strengthen Connecticut’s
communities.
“One
job is no longer enough,” said Johannah Alabi, SEIU 1199 New
England member and Certified Nursing Assistant at Avery Heights and
Governor’s House, “I now work two full-time jobs, over 80 hours a
week, just to make ends meet. Eighty hours a week, I work every
single day. This was not my reality before, or even during the
pandemic. Back then, my paycheck was enough to support my family. But
now? My paycheck is not going as far as before, and I struggle to
support my family. Five years later, we have become forgotten.”
“These
services have been important to me and are vital to thousands of
youth across the state,” said Elijah Hechevarria, a Youth Leader
from Our
Piece of the Pie
and student at Manchester Community College, studying Social Work,
“My life has transformed with OPP. Every youth at OPP has the
opportunity to achieve their goals. Programs like this change young
people’s lives.”
Calling
for urgent action at the Tax Equity Caucus press conference Rep Josh
Elliot emphasized “Our state cannot begin to
address the crisis of need plaguing our communities without
addressing our upside down tax structure. And despite the resounding
popularity of tax fairness, Connecticut continues to give the
ultra-wealthy a free pass while our working families are collapsing
under the pressure. We must enact smart policies that support our
investment needs through stable and equitable revenue streams.”