Democrats prepare to renew their assault on Greenwich

Yo, Greenwich: what's yours is mine and what's mine is mine-you got a problem with that?

Yo, Greenwich: what’s yours is ours and what’s ours is ours – you got a problem with that?

Regional taxation is coming back. This time under the guise of eliminating local property taxes on motor vehicles. That sounds good, but check the justification for the move offered by Connecticut’s House Speaker, Brendan Sharkey [no kidding]:

House Speaker Brendan Sharkey, D-Hamden, this week said a committee charged with studying regional efficiency will again look for ways to eliminate the car tax and to reimburse towns and cities for lost revenue.

“The [Regional Opportunities and Regional Efficiencies]  commission will spend a considerable amount of time working on how we can phase out the motor vehicle tax,”

“Everyone recognizes it is the most regressive tax,” Sharkey said. “We have to make towns and cities whole and reduce or eliminate that tax.”

When a Democrat has “regressive” on his lips, he’s got lust and higher taxes in his mind.

Just last month we discussed this new commission and what it was being set up to do:  Republicans saw in it the beginning of the reimposition of a county system of government, giving Hartford the power to redistribute tax revenue, create regional, cross-border school systems and in general, reshape Connecticut as Hartford, rather than local towns, saw fit.

Reached at his villa in Mustique, just purchased from Walter Noel for $67 million, Greenwich First Selectman Peter Tesei saw cause for alarm, and told FWIW:

“It could happen this year or next year, but I think there is going to be a major play to redistribute resources,” Greenwich First Selectman Peter Teseisaid. “There is no doubt this is the proverbial camel’s nose under the tent. And looking at how poorly Connecticut is doing financially, and the debt burden and taxes in certain communities, the Legislature and governor are going to look to for alternate means to feed the beast.”

Tesei said is unclear how a reorganized planning group might operate, but he said such consolidations can be accompanied by funding formulas that distribute resources based on population. Language accompanying the legislation suggests regions could assume area-wide responsibility for social services, housing, education, and public safety functions in the future, Tesei said.

“In a way, it is a masking of an alternate ways to tax people. They’ve already maxed out state taxes and that’s why the economy is so bad. They’ve beaten that horse down, so they get on another one.”

Redistributing (read, “denying wealthier towns) federal transportation money was the first step. Taking away property taxes from municipalities and “reimbursing” them from Hartford, which, always, means collecting money from the rich and giving to the poor, is next. If Bridgeport loses the revenue it collects from its car tax, where will the money to make up that loss come from, higher taxes on Bridgeport’s residents or on Greenwich’s?  You get just one guess.

Schools and hospitals are next.

 

17 Comments

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17 responses to “Democrats prepare to renew their assault on Greenwich

  1. AJ

    Since towns and states can’t print their own money, eventually all the towns and states will either go broke or taxation levels will rise to the point where everyone leaves. Carpetbaggers will swoop in, buy up everything at fire-sale prices, the clock will be reset, and the next boom bust cycle will begin again. This is the gist of vulture capitalism.

    Nowadays it is possible to operate a business from anywhere that has internet access. For about the last fifteen years many businesses have been fleeing the big cities and the areas in proximity for the healthier lifestyles and much lower taxes available in more rural areas.

    As long as the Federal Reserve exists and money is created as debt, this is a problem that will persist. It is destruction by design, by intent; a sowing of the seeds of destruction, and a harvesting of the loss of property, only to be sold back to the victims to start the cycle over again.

    How did Hitler take Germany from a Country where a wheelbarrow of money was need just to buy a loaf of bread to one of the strongest economic engines in the world in just a few short years? By instituting public works programs to put the population back to work, and by bypassing the banksters and thereby avoiding the self-destructive process of creating money as debt. Why didn’t the WPA work for FDR the way it worked for Hitler? I’d say it was because he was hamstrung by the Federal Reserve.

  2. AJ

    Nice photo. Some might say that fellow thinks he looks serious and some might even be foolish enough to take him as such; I’d say he looks more like Donald Duck.

  3. AJ

    ‘As the Fantasy Dies: “Panic Will Ensue”’

    “The US government may have funded studies and propaganda material which says that people will not panic, loot or go hungry in the midst of a crisis, but the fact of the matter is that history has shown otherwise.

    It’s often the case that, despite countless warnings from those considered to be fringe lunatics, the vast majority of the populace is blindsided by horrific, paradigm-altering events. The signs are almost always there, but people simply refuse to believe it can happen to them. ”It” always happens somewhere else, and we get to watch it play out on television from the comfort of our living rooms.

    But, as financial guru and strategic investor Bill Fleckenstein points out in the following highly insightful interview with King World News, America’s fantasy of unlimited borrowing, consumption and confidence will soon be revealed for the sham that it really is. And when the masses realize what has happened – that the government and Federal reserve are trapped and the “great unwind” finally begins – it will lead to nothing short of widespread panic on a level never before seen.

    And this time, it’ll be right outside of our front doors.

    Right now, people continue to believe that the same idiots that created all of these problems, namely the central banks, are going to somehow get us out of it with the exact same policies that got us into it, only at a much higher (aggressive) level of pursuing those policies.

    We’ve had so much artificial stimulus, and we’ve misallocated so much capital. And over the couple of decades we’ve been doing this we’ve kind of broken the economy and the financial system. So, I don’t think you can worry about what’s on the other side. We haven’t even gotten people to understand the charade that we have.

    What the masses have done over and over again is to believe one more time that it’s all going to be OK … We are in a unique moment in history. The whole world is printing confetti, and (yet) people seem to think that’s going to work out fine. …”

    http://www.shtfplan.com/headline-news/as-the-fantasy-dies-panic-will-ensue_09132013

  4. weakleyhollow

    “We need money for our programs.” President Bill Clinton

  5. Anonymous

    What’s next is regional schools…

  6. Anonymous

    Time to secede and let the Hartford looters and moochers twist in the wind.

    http://www.volokh.com/2013/09/13/rise-movements-seeking-create-new-states-secession/

  7. Al Dente

    Their goal is to drive everyone into more urban areas and subsidized rentals. The only construction going on in south Florida is for huge rental apartment complexes.

  8. Cos Cobber

    we already have a regional taxation tool, its called the income tax. learn to live with that Hartford.

  9. burningmadolf

    I’ve mentioned it here before, the blueprint for regional schools in CT is CREC. It doesn’t save any money, but you can bet your last dollar, wealthier towns pay a lot more. Also, there is the added benefit of adding more useless “educrats” to the payroll and eventually to the under-funded state pension plan. Great!

  10. burningmadolf

    Keep an eye on the M.O.R.E. Commission. They’re not even trying to hide their objectives. http://www.housedems.ct.gov/more/

  11. AJ

    Off topic, but only slightly. At long last someone finally bags a real Chupacabra –awesome.

  12. Once

    If Peter Tesei thinks this is a “major play to redistribute resources” then he should lead by example and start with getting rid of the conveyance tax on property sold. A tax that was supposed to exercise a sunset date. Tesei also doesn’t exactly suggest Town Budgets that would require any less than an annual 2.5% to 3% hike every year. Wealth is redistributed in Greenwich as much as it is from Hartford. Why else would we spend two to three fold on the elementary schools in Byram as we do in Riverside and OG? Maybe Peter is just whining because he wouldn’t have any control from a county level.

  13. Anonymous

    Let’s focus on the good things to come out of Connecticut: Erin Brady, the new Miss USA.