Lumaj in Fundraising Fury Over $500 Tax Credit–That Does Not Exist.

Poor Peter Lumaj. He either is not proofreading his fundraising letters or he is running for governor with little knowledge of the state’s fluid tax laws. Lumaj, a Fairfield Republican and lawyer, tells his fundraising marks that we must, must, must save Connecticut’s $500 property tax credit. We must. “We’ve got a $500 property tax credit on the books, and Governor Malloy is determined to get rid of it. That’s a tax hike on working-class families . It’s wrong, and it’s an OUTRAGE!”

The property tax credit has not been $500 for several years. Last year it was $200, before that it was $300. This year, Malloy has proposed eliminating it to boost state coffers by $105 million.

Lumaj calls Malloy’s reductions in the property tax credit “his worst betrayal.” Those billions in other tax increases cost far more than the reductions in the property tax credits. A candidate exploring a run for governor ought to know that.