“Governor Lamont’s commitment to opposing broad-based tax increases is welcome news for Connecticut families and businesses and he deserves praise for laying down this marker.”
“However, the state budget proposal unveiled earlier today includes several items that weaken Connecticut’s economic competitiveness. Gov. Lamont’s continued commitment to the Transportation and Climate Initiative will put a back-door tax on working families in Connecticut and an additional tax on truckers will fall hardest on in-state companies. The banning of flavored vaping products will hurt an industry with small business locations throughout Connecticut and this budget, like previous budgets, continues to delay promised tax relief like the 10 percent corporate surcharge.
The pandemic has created an unprecedented situation in Connecticut and the nation, and, looking forward, Connecticut lawmakers and the governor must find ways to reduce the burden Hartford puts on families and businesses so our economy can grow.”