Tom Marsh Open Letter

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An open letter From Tom Marsh, Independent candidate for Connecticut Governor

Over the last couple of decades, our state government has been digging a hole. As an electorate we have stood on the sidelines disengaged. We have accepted poor service and irrational spending; we have watched business leave, and our young people look for opportunity elsewhere. Our municipalities and schools have become dumping grounds for politically motivated policy that our legislators took credit for but were unwilling to fund…

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An open letter from Tom Marsh, Independent candidate for Connecticut Governor


Over the last couple of decades, our state government has been digging a hole. As an electorate we have stood on the sidelines disengaged. We have accepted poor service and irrational spending; we have watched business leave, and our young people look for opportunity elsewhere. Our municipalities and schools have become dumping grounds for politically motivated policy that our legislators took credit for but were unwilling to fund.

As a sitting First Selectman ( Chester) I am the only gubernatorial candidate that knows with certainty that after  November 2nd  win or lose, I will be required to address the fiscal crisis we face.  While the outlook may be gloomy, I believe we have a great opportunity to right the ship of state, and bring accountability, value, and service to our state government.

HOW BIG IS THE HOLE?
$3.5 billion if you use no accounting principles (current state practice), $5.5 billion if generally accepted accounting principles are used, $6.5 billion if the shortfall  in the unemployment insurance fund is counted, $50+ billion if you include unfunded post employment benefits. Given our current path, if Connecticut uses every asset, right down to selling the gold dome on the Capitol building, to cover every liability, we would still be $10 Billion in the hole. Connecticut is effectively bankrupt.  This is real, this is serious, and this will only get worse if we continue to accept the political nonsense that we have been exposed to.

HOW WOULD I FIX IT? First, government must do a better job….period

Expenses
I expect 1.5 to 2 billion in reductions will be required by prioritizing our needs and focusing on outcomes, quality and value. I will reduce government to the size allowable  within the limited financial ASSETS we possess.  Children and the elderly have first priority, after that safety and maintenance. By using outcomes as a reorganizational model I expect to see significant reductions in the number of commissions management staff and rank and file. The changes can be made quickly, with a governor    that has the will to bring the fight to the legislature, carrying the support of the electorate.

Revenue
The governor’s office is a 4 year term. I will address revenue in two phases, first restructure, and then reduce. Through restructuring I will broaden the income tax base requiring the almost 40% of wage earners that pay no income tax to contribute.  I will Increase upper marginal rates Connecticut offers a great quality of life I do not believe our wealthiest residents will run as long as we improve the value received for every tax dollar collected. I will eliminate special interest exemptions and incentives. Finely I will share a porting of the sale and income tax directly with municipalities, reducing the overdependence on property tax. Once government and our tax structure is revamped we will have an honest debate about the size of government. I believe that with the support of the electorate, within 4 years we can start reducing our tax burden.

 

Marsh2010.com “Let’s Make Connecticut First Among 50!”

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