Matt Brown’s Disastrous Platform
One can have little doubt that Matt Brown’s platform is right in line with the views of progressive Democrats. One can also have little doubt that Matt Brown’s platform would be economically disastrous for Rhode Island:
On policy, Brown said he wants to reverse various recent state tax cuts, such as by raising the top income tax rate from 5.99% back to 9.9%, where it stood until 2010. He also said he would raise the top corporate rate from 7% back to 9%, but wants to create a graduated system that lets smaller companies pay a lower rate. He has not yet decided whether he wants to raise the estate tax, he said.
Brown pledged to increase funding for Medicaid, the state-federal health insurance program for low-income residents that has grown to about a quarter of the state budget.
So, increase dependency on government and suppress the free market dynamism that pays for government programs. Brown’s program would push Rhode Island into the accelerated spiral that Connecticut is experiencing and the flight of the productive class.
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It seems unlikely that Brown will actually have a chance to push his program as governor, but his end point is that toward which progressives are incrementally moving the state. We need to take his succinct statements as a warning.