NFIB/CT Yawns at Malloy's Tax Initiative

Date: January 30, 2014

Hartford (January 30, 2014) – National Federation of Independent
Business (NFIB) Connecticut State Director Andrew Markowski issued the following
statement today in response to Governor Malloy’s plan to spend a portion of the
surplus on modest, temporary tax relief.

“Four years ago the Governor pushed
through the biggest tax increase in state history.  That tax increase targeted income tax payers,
many of whom are small business owners who file as individuals.  Now he wants to spoon out some of that money
in the form of small refunds attached to the gas and sales tax. 

“Small business owners who qualify
will, of course, jump through the hoops to get back some of their money.  But if the fact of a surplus means the end of
the fiscal crisis that the Governor declared four years ago, then why aren’t we
talking seriously about real tax reforms that will make Connecticut more
competitive.

“Connecticut has the second highest
property tax in the country and one of the highest income taxes.  And it ranks in the bottom third for sales
taxes and corporate
taxes (Tax Foundation, 2014 Business Climate Ranking)

Connecticut has not created net new jobs in more than 25 years and according to the University of Connecticut our unemployment rate
would be nearly 11 percent if people who dropped out of the workforce are
counted.  These facts and high taxes are
related.  We’re not competitive and
nothing that the Governor has announced today makes a dent in our real
problems.”

To
arrange an interview with Andrew
Markowski
please contact him directly. 
You may also contact Sr. Regional Media Manager Jack Mozloom at
609-462-5610 or
jack.mozloom@nfib.org.

To
learn more about NFIB please visit www.nfib.com.

Related Content: Small Business News | Connecticut

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