[BobNJ1960]

Originally Posted by kidyankee764

They closed their Mexico facility 4 years ago.

He said it best:

He continued: “Our hope is that policy makers recognize that they need to do less harm to the small and mid-size businesses that drive the success of our state and this industry.”

His hope will not be realized. Ct Democrats are as anti business as any politicians in any state.

But at least , for now, 110 Ct folks kept their jobs.

And yes the Mexico move happened in 2015. Must have been minor as they only have 110 jobs total.

But beat losing hundreds like the Hubbell news.

[JayCT]

I know this one is going to create a lot of discussion and dismissal by some here but according to this opinion piece in CTMirror today, Connecticut has the fourth lowest effective business tax in the country. They support this with a 2017 analysis completed by Ernst & Young LLP in conjunction with the Council On State Taxation (COST) and the State Tax Research Institute (STRI).

I always question who is behind these types of studies. The Council on State Taxation is a state tax organization representing businesses so I believe this analysis and ranking is fair. So what do you think? Jay

https://ctmirror.org/2019/06/28/conn...e3f8f-68207705

https://cost.org/globalassets/cost/s...rden-study.pdf

https://en.wikipedia.org/wiki/Council_on_State_Taxation

[beerbeer]

Originally Posted by JayCT

I know this one is going to create a lot of discussion and dismissal by some here but according to this opinion piece in CTMirror today, Connecticut has the fourth lowest effective business tax in the country. They support this with a 2017 analysis completed by Ernst & Young LLP in conjunction with the Council On State Taxation (COST) and the State Tax Research Institute (STRI).

I always question who is behind these types of studies. The Council on State Taxation is a state tax organization representing businesses so I believe this analysis and ranking is fair. So what do you think? Jay

https://ctmirror.org/2019/06/28/conn...e3f8f-68207705

https://cost.org/globalassets/cost/s...rden-study.pdf

https://en.wikipedia.org/wiki/Council_on_State_Taxation

This paragraph in the article exposes them for the left wing liberals they are. This was written protect to the Democrats that have flushed the state down the drain.

Public financing of elections has eliminated the rampant corruption of the Rowland-Rell era. We’ve implemented paid sick leave, paid family and medical leave, protections for women’s reproductive rights, a $15 per hour minimum wage, and codified key elements of the Affordable Care Act in state law.

So, the Mirror is nothing more than a left wing muth piece. Of course they think Malloy and Lamont are just fine and everything is great. They are biased.

[kidyankee764]

Originally Posted by JayCT

I know this one is going to create a lot of discussion and dismissal by some here but according to this opinion piece in CTMirror today, Connecticut has the fourth lowest effective business tax in the country. They support this with a 2017 analysis completed by Ernst & Young LLP in conjunction with the Council On State Taxation (COST) and the State Tax Research Institute (STRI).

I always question who is behind these types of studies. The Council on State Taxation is a state tax organization representing businesses so I believe this analysis and ranking is fair. So what do you think? Jay

https://ctmirror.org/2019/06/28/conn...e3f8f-68207705

https://cost.org/globalassets/cost/s...rden-study.pdf

https://en.wikipedia.org/wiki/Council_on_State_Taxation

Ha. I don’t even know where to begin. What ignorance.

Of course, Sean Goldrick, the author, is from Greenwich and is a good friend of Lamont’s, so there’s that.

[East of the River]

How about this for a change. What economic changes would you like to see in CT. Policy changes that is. What would pull us back out of our mess.

For me I see a spending freeze and consider the debt reduction under Lamont to be a good start. But I don't think we can afford anymore taxes and fees so Tolls are a bad idea.

Basically hold all taxes right where they are don't change any of them and pay off debt. This will mean infrastructure spending slows down but so be it. Until we fix our debt issues it's all pointless.

[JayCT]

Originally Posted by kidyankee764

Ha. I don’t even know where to begin. What ignorance.

Of course, Sean Goldrick, the author, is from Greenwich and is a good friend of Lamont’s, so there’s that.

Are you saying Ernest & Young and the Council on State Taxation are ignorant? Both are pretty reputable from what I can see. Jay

[JGBigGreen]

Sure, I believe that CT has a low effective business tax. The study clearly explains that this is because individuals pay a significant portion of the overall tax burden:

“Connecticut and Maryland generate the smallest share of their overall tax receipts from business taxes. In both states, the structure of the states’ economies plays a significant role in generating this result. In Connecticut, significant income earned by high-income taxpayers contributes to individual income tax receipts that outweigh business collections.”

Originally Posted by JayCT

I know this one is going to create a lot of discussion and dismissal by some here but according to this opinion piece in CTMirror today, Connecticut has the fourth lowest effective business tax in the country. They support this with a 2017 analysis completed by Ernst & Young LLP in conjunction with the Council On State Taxation (COST) and the State Tax Research Institute (STRI).

I always question who is behind these types of studies. The Council on State Taxation is a state tax organization representing businesses so I believe this analysis and ranking is fair. So what do you think? Jay

https://ctmirror.org/2019/06/28/conn...e3f8f-68207705

https://cost.org/globalassets/cost/s...rden-study.pdf

https://en.wikipedia.org/wiki/Council_on_State_Taxation

[BobNJ1960]

Originally Posted by East of the River

How about this for a change. What economic changes would you like to see in CT. Policy changes that is. What would pull us back out of our mess.

For me I see a spending freeze and consider the debt reduction under Lamont to be a good start. But I don't think we can afford anymore taxes and fees so Tolls are a bad idea.

Basically hold all taxes right where they are don't change any of them and pay off debt. This will mean infrastructure spending slows down but so be it. Until we fix our debt issues it's all pointless.

Corp tax Rate Reduction plus freeze Property Taxes on all corporations one decade, except to allow an increase half each years COL change factor nationally.

We need to stop the giant WARN list we generate every year..

[BobNJ1960]

Originally Posted by kidyankee764

Ha. I don’t even know where to begin. What ignorance.

Of course, Sean Goldrick, the author, is from Greenwich and is a good friend of Lamont’s, so there’s that.

[beerbeer]

Originally Posted by JayCT

Are you saying Ernest & Young and the Council on State Taxation are ignorant? Both are pretty reputable from what I can see. Jay

Just ignore companies and jobs leaving the state, we have a study that supports Democrat policies.