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CBIA to Legislature: Do Not Raise Taxes

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There will be late nights at the State Capitol over the next several days as lawmakers work to pass several bills and tackle their biggest challenge:  the state budget.  With the end of the session looming, there comes a warning and a plea to lawmakers from the head of the CBIA:  “don’t raise taxes.”

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That request came during a taping of Face the State that aired Sunday,  from Joe Brennan, the president and CEO of the Connecticut Business and Industry Association.  During the interview  Brennan discussed his take on the state of the Connecticut economy, and predicted any tax hike passed by lawmakers would be “fairly devastating to the state.”    “I don’t want to be mister doom and gloom, but if this tax bill as proposed goes forward, we will do serious harm to our economy.”  “We think this is totally the wrong direction,…and  ultimately we will be hurting the people we are trying to help.”

Watch Brennan here:  http://www.wfsb.com/clip/11545590/ct-economy-is-front-and-center-in-legislative-battles

Also on the program this weekend, the legendary leader of Riverfront Recapture, Joe Marfuggi, who is stepping down after nearly 30 years on the job, working to reconnect Hartford to the Connecticut River.   We werel also  joined by his successor, Mike Zaleski.

Watch Marfuggi and Zaleski right here:  http://www.wfsb.com/clip/11545613/new-ventures-for-riverfront-recapture

Watch our Flashback with Bob Schieffer right here:  http://www.wfsb.com/clip/11545628/celebrating-bob-schieffers-remarkable-career

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Categories: Uncategorized

1 reply »

  1. The brain trusts of Connecticut state government believe that the more regressive the Connecticut tax system is, the more attractive we will look to the business community. Our neighbor to the north, Massachusetts, not only is her overall taxation less than Connecticut’s, the Massachusetts tax system is also less regressive than Connecticut’s tax system. Despite being less regressive, the conservative leaning Tax Foundation rates Massachusetts as being #24 in business environment, while Connecticut ranks #42. I resent that my CT state/local tax burden is 20% of my income, as the wealthy resents that their CT state/local tax burden is 8% of their income. What Connecticut needs is a flat tax that merges the major taxes into it.

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