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Letter: Final wedge issue

November 6, 2018

Like many Connecticut voters, I have serious concerns about our state’s fiscal health. No doubt this is the wedge issue in district 36. To be a truly informed voter, however I researched the topic and gathered data that show real (albeit slow) progress made through the recent years. I credit these data points to our governor who struggled with the lagging effect of policies brought on by his predecessors and ask that we support Alex Bernstein to continue our state’s growth with her fiscal conservativism.

Connecticut has moved up five places in the national fiscal health rank just since May, 2018. We’re starting a positive trend. Let’s not disrupt it. Source: Conning Report, State of the States, October.

Last year’s overall economic performance for Connecticut was the best in terms of ranking in seven years. Another positive trend. Source: Connecticut Economic Digest 2018

Connecticut has gained four fortune 500 corporate headquarters and added 100,000 private sector jobs in the past 7 years. Source: Greenwich Time, Nov. 1.

There was note a population exodus from Connecticut this year: rather a slight increase of 500 residents. A small number, but a reverse trend. Source: Connecticut Data Collaborative, State Center for Census

There are more billionaires living in Greenwich then living in the entire state in 2011. Source: Greenwich Time, Nov. 1

There is a 2 percent annualized spending rate in Connecticut: the lowest rate in decades. Source: Conning Report, State of the States, October.

Here’s how Alex will continue the trend:

Alex proposes Smart tolls that would be targeted to identify and tax out-of-state vehicles, which represent 46% of our road traffic and trucks another 24%, at a higher rate than local traffic. She will leverage these funds with private investment.

Alex wants to eliminate the estate and gift taxes and lower, not raise income and corporate taxes.

Alex has the temperament, confidence and negotiation expertise to beat back the unions and challenge collective bargaining for benefits.

Margaret Van Vliet

Greenwich

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