Tags: 2018 Midterm Elections | anti | tax | stefanowski | lamont | incometax | conn.

'Ax the Tax' Agenda Fuels Republican Rise in Connecticut

bob stefanowski
Bob Stefanowski (AP)

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Sunday, 04 November 2018 08:20 AM Current | Bio | Archive

In just 72 hours before Connecticut residents choose a new governor, there are strong signs that Republican Bob Stefanowski’s robust anti-tax agenda has put him in first place —albeit slightly — in the three-candidate contest.

According to the most recent Hearst Connecticut Media Group/Sacred Heart University poll, Stefanowski — who has campaigned on phasing out the Nutmeg State’s 27-year-old income tax  —leads Democrat Ned Lamont by 40 to 37.6 percent.

Independent candidate Oz Griebel is in third place at 9 percent and takes votes from both major party contenders.

For most of their contest, the front-runner has been left-of-center investor Lamont, grand-nephew of socialist philosopher Corliss Lamont.  Only a week before its latest poll, Hearst/Sacred Heart showed Lamont ahead of Stefanowski by 39.5 to 36.1 percent.

At the time, Stefanowski, formerly a top executive with General Electric and UBS, began to run hard on his three-pronged — and very adventurous — economic agenda: first, immediately ending the Nutmeg State’s gift and estate tax; second, phasing out over the next two years  the corporate income and business entity taxes.

Third — and most revolutionary of all — he called for the elimination of the state’s income tax, which was enacted 26 years ago by a tie vote in the state senate (broken by the lieutenant governor) and passed by one vote in the state House.

Although Lamont and other Democrats have charged that Stefanowski’s “axing the taxes” would cost the state $10 billion in revenue.  The GOP hopeful counters that ending the taxes will make Connecticut a mecca for business and attract thousands of new jobs and taxpayers.

Stefanowski helped cobble together the dramatic reform package with the help and advice of Dr. Arthur Laffer, economist and adviser to Presidents Reagan and Trump and the late Rep. Jack Kemp, R.-NY.

"The contrast between Bob Stefanowski and Ned  Lamont could not be more clear,” former State Sen. Tony Guglielmo, R.-Stafford Springs, told Newsmax, “Bob's first instinct is to lower taxes and Lamont said publicly that he would raise them. I think voters understand that raising taxes again after the two largest tax increases in Connecticut history [under retiring Democratic Gov. Dan Malloy], will further damage our state and its citizens."

John Gizzi is chief political columnist and White House correspondent for Newsmax. For more of his reports, Go Here Now.

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72 hours before Connecticut residents choose a new governor, there are strong signs that Republican Bob Stefanowski's robust anti-tax agenda has put him in first place-albeit slightly-in the three-candidate contest.According to the most recent Hearst Connecticut Media...
anti, tax, stefanowski, lamont, incometax, conn.
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2018-20-04
Sunday, 04 November 2018 08:20 AM
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