Thurs., June 23, 2022
Zupkus calls for a special legislative assembly!
Dear Friends and Neighbors,
Today, I join my fellow Republicans in calling for a special legislative session to bring relief to struggling families as they face historic inflation, while state government surpluses continue to grow.
From dramatic increases at the gas pump, to the soaring cost of home heating oil, everyone of us in this state has felt the financial squeeze.
With inflation at a 40-year high of more than 8%, it has increased the average costs per year for our families by $5,200. The average cost of gasoline in our state is now $4.92 (up from $3.08 a year ago) and the average cost of diesel is $6.19. The diesel tax is set to go up yet again on July 1, adding to that cost.
As it stands now, the situation will only get worse unless action is taken. A Highway Use Tax, known as the truck tax, is scheduled to begin in January. It will be a charge on each mile driven by the trucks that bring us our essential goods and will only serve to increase costs at our retail and grocery stores, as well as at the pump.
But something can be done to immediately address the situation and that's why we are calling for the legislature to hold a special session so that we can enact our proposals to make more than $1 billion in tax cuts for our residents.
Our proposals include reducing the sales tax to 5.99% through 2022, increasing funding for a home energy assistance program and the elimination of the entire state excise tax on diesel through the end of 2022.
$1.2 Billion in Tax Relief
The Republican plan will:
Cut the income tax from 5% to 4% for individuals earning less than $75,000 and joint filers earning less than $175,000 annually
Reduce the sales tax and eliminate the 1% meals tax through the end of the year
Extend the gas tax suspension, scheduled to expire at the end of June, to the end of the year
Expand the gas tax holiday to diesel
Eliminate the highway use tax, a mileage tax on trucks that will increase the price of food and products transported by truck
Bolster assistance to families that need help paying for energy, such as heating oil
The plan maintains a balanced budget while returning nearly $1 billion in inflation-related surplus revenue to Connecticut residents. We proposed many of these cuts during the past legislative session but majority Democrats failed to join us to make it happen. Now, we find ourselves in a worsening situation.
We will be going across the state to share our proposals for an affordable Connecticut, including cutting the income tax, sales tax, and taxes that drive up the costs of food, including the diesel tax and the new CT truck tax.
To learn more about our plan, you can click on the image above or visit www.affordableconnecticut.com
We also are urging residents to join our call to action to lawmakers across the state and sign a petition demanding that the legislature be called back for a special session so these soaring costs can be addressed. You can join that call by clicking on the button below.