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From The Federation of Connecticut Taxpayer Organizations
Contact Susan Kniep
Website: http://ctact.org/
Email: fctopresident@aol.com
Telephone: 860-841-8032
May 29, 2011
The Federation
Calls Upon The State Legislature to Hold A Public Hearing and Vote on the State
Labor Union Contracts!
Read the Federation’s Position on the
State Budget
Taxpayers:
$1.5 Billion
Dollars in New Taxes
State Employee
Unions:
9% Wage
Increase and 4 Year Job Guarantee
Park Police Slam Dancers at Jefferson Memorial Sunday, May
29, 2011 www.nbcwashington.com/news
A handful of dancers got cuffed on Saturday for doing what they say the
Founding Fathers would have wanted them to do - expressive dancing in National
Parks. A court recently ruled that expressive dancing was in a category with
picketing, speech making, and marching - a banned activity at national
memorials. Read complete article at http://www.nbcwashington.com/news/local/DC-Park-Police-Slam-Dancers-at-Jefferson-Memorial-122778309.html?fb_comment_id=fbc_10150209467191069_16837966_10150209595841069
Video of the Park Police
wrestling some of the dancers to the ground has appeared on YouTube.
Read the Opinion jeffersondecision.pdf.
Banks to pay $22 million for military foreclosures - Mortgage
... Bank of America and Morgan
Stanley units will pay more than $22 million to settle
charges of wrongful foreclosures on active-duty members of the U.S.
military, the U.S. Justice Department has announced. Read article at http://mortgage.ocregister.com/2011/05/26/banks-to-pay-22-million-for-military-foreclosures/45411/
PUBLIC PENSION WOES and THE IMPACT ON TAXPAYERS WHO FINANCE
THEM
CalPERS' Top Pensioner
($500,000/year) Pleads Guilty to Illegally Using Public Money (Hector Becerra and Sam Allen / Los Angeles Times) http://www.latimes.com/news/local/la-me-05-26-vernon-20110527,0,1402481.story
Fed Gave Banks Crisis Gains on $80
Billion Secretive Loans as Low as 0.01% http://www.bloomberg.com/news/2011-05-26/fed-gave-banks-crisis-gains-on-secretive-loans-as-low-as-0-01-.html
Judge strikes ban on corporations donating directly to
candidates
Jordy Yager 05/27/11 01:44 PM ET In a case involving two Virginia men accused
of illegally donating money to Hillary Clinton’s Senate and presidential
campaigns, Judge James Cacheris of the U.S. District
for the Eastern District of Virginia delivered a ruling on Thursday that
dismissed a charge against two men by finding that if corporations are entitled
to the same freedom of speech rights as individuals -- as was ruled by the
Supreme Court -- then corporations should have the same rights as individuals
when donating money to political campaigns. Continue reading…
http://thehill.com/blogs/ballot-box/fundraising/163731-judge-ban-on-corporations-donating-directly-to-candidates-unconstitutional
Unions Release Language of Tentative
Labor Agreement
by Hugh McQuaid May 27, 2011 Follow the link to the 20-page
document released Friday by the State Employees Bargaining Agent
Coalition. http://inthistogetherct.org/wp-content/uploads/2011/05/DEL_SEBAC_05_27_11_2.pdf
Inmate early release credits sparks partisan Senate battle May 27, 2011 By Keith
M. Phaneuf Majority
Democratic lawmakers tried unsuccessfully Friday to avert a partisan battle in
the Senate over a new policy designed to shrink the prison population by
allowing inmates to earn credits for early release. http://ctmirror.org/story/12747/inmate-early-release-credits-sparks-partisan-senate-battle
SustiNet compromise passes House with both sides declaring
victory May 27, 2011
By Arielle Levin Becker A compromise bill on the controversial SustiNet state-run health plan passed the House Friday, and
it drew praise from both supporters and opponents of the original
proposal--albeit for different reasons. http://ctmirror.org/story/12743/sustinet-compromise-bill-passes-house
$400 Million Budget Gap to be Filled Primarily With Surplus
Funds by Christine Stuart and Hugh McQuaid | May 27, 2011 8:52pm http://www.ctnewsjunkie.com/ctnj.php/archives/entry/400_million_budget_gap_to_be_filled_primarily_with_surplus_funds/
Third round of Race to the
Top: Early childhood education By Jacqueline Rabe on May 25, 2011 With Wednesday's announcement of a new round
of federal Race to the Top grants, this one aimed at early childhood education,
Connecticut education officials say they plan to pitch a new package of reforms
and hope they have better luck this time around in landing the money. Read more
http://www.ctmirror.org/story/12716/race-top-redux-last-year-high-school...
House adopts budget measure
designed to shrink inmate population
By Keith M. Phaneuf on May 24,
2011 The state House of Representatives adopted the
first in a series of measures Tuesday designed to implement the new $40.11 billion biennial budget, ordering new
policies to drive down prison populations, ordering several agency mergers and
passing several costs onto cities and towns.
Read more http://www.ctmirror.org/story/12699/house-adopts-budget-measure-designed...
Senate passes first state
mandate for paid sick days http://www.ctmirror.org/story/12717/senate-passes-mandate-paid-sick-days
AMERICANS TRY TO OUTRUN STATE, LOCAL TAX HIKES | TAX POLITICS Alan Dlugash is a New York
accountant who specializes in high net worth Manhattanites,
but lately he’s been fielding a lot of calls from clients in neighboring states
— Connecticut and New Jersey.
“The big deal right now is
‘how do I change my residency?’” he said. And
the reason is almost always the same: High local taxes http://www.taxpolitics.com/2011/05/americans-try-to-outrun-state-local-tax-hikes/
Justices Uphold Immigrant Law A divided
U.S. Supreme Court upheld an
Arizona law
that imposes sanctions against businesses that hire illegal immigrants. http://online.wsj.com/article/SB10001424052702304520804576347281385119722.html?mod=ITP_pageone_0
Wisconsin Court Voids Changes to Public
Employee Collective-Bargaining Law Bloomberg,
May 26, 2011 A Wisconsin judge voided a law that would limit public employees’
collective-bargaining rights because the legislation was passed in violation of
state open- meetings requirements. In her decision today, Dane County
Circuit Judge Maryann Sumi didn’t rule on the merits
of the law championed by first- term Republican Governor Scott
Walker. She said lawmakers could still pass the measure if they
abide by public-notice rules.
http://www.bloomberg.com/news/2011-05-26/wisconsin-court-voids-changes-to-public-employee-collective-bargaining-law.html
Bills aim to expand education options for welfare recipients
By Jacqueline Rabe May 26, 2011 A
year ago Meredith Inkel faced a difficult decision:
Go on working at a low-wage job so she would qualify for welfare or go back to
school and be cut off from the state's cash-assistance program. The single
mother of six children decided to go back to school so she could eventually get
a better paying job. "I had to get us out of this hole we were in,"
the 38-year old mother living in Middletown
said. "If I didn't get the training and education then I would never get
out of this situation or a decent job."
Read complete article at http://www.ctmirror.org/story/12672/tfa-story
Just What You Needed: Higher
Taxes The often-overlooked Social Security tax
is expected to start rising again next year.
http://www.smartmoney.com/taxes/income/just-what-you-needed-higher-taxes-1306271420886/
The plan advanced by House
Republicans to reshape Medicare was defeated, with five Republicans opposing it. May 26, 2011 NYTimes http://www.nytimes.com/2011/05/26/us/politics/26medicare.html?_r=1&scp=2&sq=medicare&st=cse
Op-Ed: Squandering Medicare’s Money
http://www.nytimes.com/2011/05/26/opinion/26redberg.html?hp
After two-year drought, legislature restores funding for
retired teacher health plan By Jacqueline Rabe and
Keith M. Phaneuf After putting it off for two years,
the General Assembly has agreed to fully fund the state's share of a health
plan that covers 33,000 retired teachers and their spouses, easing fears that
the plan would run out of money.
Unemployment Benefit Filings
Jump Up Again
Read the Article at CNN
A 62% Top Tax Rate? Democrats have said they only intend to
restore the tax rates that existed during the Clinton years. In reality they're proposing
rates like those under President Carter. By STEPHEN MOORE Wall St Journal May 26, 2011 Media reports in recent weeks
say that Senate Democrats are considering a 3% surtax on income over $1 million
to raise federal revenues. This would come on top of the higher income tax
rates that President Obama has already proposed
through the cancellation of the Bush era tax-rate reductions. If the Democrats' millionaire surtax were to
happen—and were added to other tax increases already enacted last year and
other leading tax hike ideas on the table this year—this could leave the U.S.
with a combined federal and state top tax rate on earnings of 62%. That's more
than double the highest federal marginal rate of 28% when President Reagan left
office in 1989. Welcome back to the 1970s. Continued at …. http://online.wsj.com/article_email/SB10001424052702304066504576343611464445594-lMyQjAxMTAxMDIwNjEyNDYyWj.html
Nearly 3 Million Paid Hours Spent By Federal Employees on
Union Activity May 23, 2011
Continued at ….. http://atr.org/nearly-million-paid-hours-spent-federal-a6177?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericansForTaxReformRssFULL+%28Americans+for+Tax+Reform+FULL+CONTENT+RSS%29#ixzz1N9zNhZaA
Insurance department rejects
35 percent rate hike By Arielle Levin Becker
The Connecticut Insurance Department has rejected a request by The American
Republic Insurance Company to raise premiums by an average of 35 percent for
individual-market health plans, ruling that it would be excessive.
Read more http://www.ctmirror.org/node/12692
More US Workers in Private Sector Delay Retirement; No Delay
Among Government Workers (Accounting Today) There was essentially no retirement delay among government
workers. That is expected, since these workers are more likely to receive defined
benefits, making them more insulated from the decline in financial asset values
in their pensions. http://www.accountingtoday.com/news/More-US-Workers-Delay-Retirement-58513-1.html
Congress - Most Expensive
Bill of the Week : H.R. 1532/S. 844, Race to the Top Act of 2011 Annualized
Cost: Annualized Cost: $1.35 billion (first-year cost) http://action.ntu.org/site/MessageViewer?dlv_id=9742&em_id=6441.0
Vermont Gov. Shumlin signs health care reform bill May 26, 2011
burlingtonfreepress.com. Optimistic that the rain would hold off and Vermont’s health reform bill would make history, Gov.
Peter Shumlin stood on the steps outside the
Statehouse Thursday and signed a law that puts Vermont on the road toward a universal
health care system. “We gather here today to sign into law the first
single-payer system in America,”
Shumlin said. http://www.burlingtonfreepress.com/article/20110526/NEWS03/110526013/Gov-Shumlin-signs-health-care-reform-bill-?odyssey=tab|mostpopular|img|FRONTPAGE
Foreclosure Contractors Face New
Scrutiny From States
by Marian Wang | @mariancw
Federal and state officials investigating flawed foreclosures have begun targeting
the more obscure middlemen of the foreclosure scandal.
Related: Major Foreclosure Contractor
Underplayed the Extent of Document Flaws
Tax cap must have mandate relief, too May 23, 2011 Ithaca
Journal
Although the state budget didn't include a property tax cap,
Gov. Andrew Cuomo has ratcheted up his rhetoric. Counties across the state
oppose this cap not because we like high property taxes — we don't — but
because we have become tax collectors for the state. We've had to raise
property taxes year after year to pay for the ever-increasing cost of state
programs we are mandated to deliver. Today, 90 percent of the average county
property tax levy is attributable to state-mandated programs. These are not
"excuses," as the lieutenant governor has said. They are actual bills
for programs such as health care and legal defense for the poor, services for
children with disabilities, welfare and pensions for employees. http://www.theithacajournal.com/article/20110523/VIEWPOINTS02/105230309/Tax-cap-must-mandate-relief-too?odyssey=mod%7Cnewswell%7Ctext%7CFRONTPAGE%7Cp
Officials: Community college
'open door' already partly closed
By Jacqueline Rabe on May 24, 2011
A possible decision to end open enrollment at the state's community colleges
might represent a philosophical change, officials said Tuesday, but in fact a
lot of doors have been shut at some campuses for the last few years. Read more http://www.ctmirror.org/story/12698/malloy-community-college-open-door-a...
With budget holes to fill,
will transportation fund be a target?
By Keith M. Phaneuf The
Connecticut Mirror on May 24, 2011 The new state budget adopted earlier this
month shifts dramatically away from the recent trend of diverting fuel tax
revenue for non-transportation uses. But with a $300 million hole still to be
patched in the first year of that new budget--and the potential for much larger
gaps if a tentative union concession deal flops--Gov. Dannel
P. Malloy and transportation advocates may be hard pressed to preserve the new
funding carved out for Connecticut's aging, congested infrastructure. Read more
http://www.ctmirror.org/story/12693/will-officials-try-raid-transportati...