AFP-CT Enters Day 2 of Countdown to Tax Freedom Day
HARTFORD – Americans for Prosperity-Connecticut is calling for a decrease in business taxes as they continue their countdown to Tax Freedom Day. According to the Tax Foundation, this year’s Tax Freedom Day for Connecticut is May 13, the latest in the country and eight days later than in 2012. Americans for Prosperity Connecticut is carrying out a petition drive to let elected officials in Hartford know the state’s taxpayers are tired of being treated like revenue sources.
“According to the Small Business & Entrepreneurship Council, Connecticut is the sixth worst state to start a business in,” said JR Romano, Americans for Prosperity-Connecticut State Director. “Yet despite this dismal ranking, Governor Malloy’s budget proposal would extend recent tax increases on businesses. Governor Malloy does not seem to understand that you cannot create jobs by punishing the job creators.”
In addition to extending recent tax increases on businesses, Governor Malloy’s budget would specifically include a 20% surcharge on the corporation tax as well as place a cap on insurance premium credit for businesses.
“Unfortunately for businesses in Connecticut, Governor Malloy’s budget proposal represents business as usual,” continued Romano. “Whether it’s increasing taxes and regulatory burdens on businesses or forcing the unionization of personal care attendants and child care providers, he has made a habit of making it more difficult to do business in our state.”
The Americans for Prosperity-Connecticut petition, I’m a Resident, Not a Revenue Source, is available by CLICKING HERE.