Archive for Economy

Legislature Can’t Quit Spending Habit

by: Michael Downes September 2, 2009

 
NORWICH- The state has a spending problem. That was the primary message from Rep. Vincent Candelora, ranking member of the legislature’s Finance Revenue and Bonding Committee, as he joined Rep. Chris Coutu of  Norwich in hosting a forum here about the state’s budget woes Tuesday night. Thirty or so people came to the event at City [...]

Candelora Opposes Largest Tax Increase in Connecticut History

by: Michael Downes July 30, 2009

State Representative Vincent Candelora (R-86) today stood in opposition to the largest proposed tax hike in state history which was unveiled today by legislative majority Democrats.  Candelora, who serves as Ranking Member of the legislature’s Finance Committee opposed the measure before the committee this afternoon in a meeting at the Legislative Office Building in Hartford. 
The [...]

More of The Same: Recession Equals Tax Increase Proposals

by: Rep. Vin Candelora April 6, 2009

In February, the Governor drew her line in the sand when she proposed her budget, and the legislature drew its line on April 2, unfortunately that line was drawn off a cliff.Last week, the Finance Committee approved the single largest tax increase in Connecticut history, a two year package totaling over $3.3 billion in new [...]

Candelora Opposes Democrat Tax Hikes in Finance Committee

by: Michael Downes April 2, 2009

This morning legislative Democrats unveiled their proposed budget for 2009-10 which contained massive tax increases in a variety of areas.  Rep. Vincent Candelora, Ranking Member of the legislature’s Finance, Revenue and Bonding Committee spoke out today against what could end up being the biggest tax increase in history of the state- $3.3 billion in property, [...]

Candelora and House GOP Move to Restrict AIG Bonuses

by: Michael Downes March 18, 2009

Change to Connecticut Law Could Prevent Taxpayer-Funded Payments
HARTFORD – State Representative Vincent Candelora (R-North Branford) joined House and Senate Republican Leaders today as they addressed state laws cited by insurance giant AIG to justify $165 million in “outrageous” employee bonuses must be re-written and they pledged to take action as early as next week when [...]