Governor Lamont Agrees to New, Regressive Tax


Today, Governor Lamont joined governors in the Northeast region in signing onto the newly-released Transportation Climate Initiative (TCI) Memorandum of Understanding. The initiative would result in $388.6 million per year in increased gasoline costs across the state. 

Connecticut is already struggling amid an economic downturn. Imposing a significant tax increase simply chops any chance of recovery off at the knees and harms working families with a regressive tax at a time when few can afford it. 

Author(s): Isabel Blank

Publication Date: 21 December 2020

Publication Site: Yankee Institute