This is the future of Connecticut at the hands of the socialist Democrats in the legislature with their "punish the rich" attitude towards small business owners.
This country is turning into an anti-capitalistic society. Whatever happened to the days when an ordinary citizen can start off from scratch and make a decent living out of their own business??
State and Federal Governments better get their acts together before they turn the United States into a Third-World country.
who in their right mind would start a business now, and if you already have a business, who would take chances on expanding their business or hiring new people--especially here in Connecticut with a tax structure designed to destroy businesses?
It is tooo easy to say I told you so. I truly believe people, the elected ones, are not that stupid to realize what their policies are doing to small businesses and ultimately the economy.
The middle class was basically created less than 100 years ago and tragically, Washington and Hartford are killing it under the banner of fairness.
Today the Democratic leadership of our legislature is saying that we really don't have high business taxes in Connecticut, and that it is a myth portrayed by the media.
Maybe they should talk to some business owners here in Connecticut and others in right to work states like Texas where there is absolutely no state income taxes and no business taxes of any kind, and then compare the two?
On August 29 of 2009 Jodi Corzine wrote this opinion piece for the Wall street journal. Very interesting read. Connecticut grabs $7,007 in state and local taxes per man, woman and child resident, according to the Tax Foundation, more per capita than every state but New York and New Jersey. That's hardly the company any state would want to keep these days, but the politicians in Hartford seem intent on following Trenton and Albany off the tax-and-spend cliff. This week Republican Governor Jodi Rell proposed a $1-billion-plus income tax hike, raising the top tax rate to 6.5% from 5% on individuals with incomes above $500,000 and couples with earnings above $1 million to close an expected two-year $8.5 billion budget deficit. The tax hike would be retroactive to January 1, meaning the government would snatch money that residents have already earned................
This is the future of Connecticut at the hands of the socialist Democrats in the legislature with their "punish the rich" attitude towards small business owners.
ReplyDeleteThis country is turning into an anti-capitalistic society.
ReplyDeleteWhatever happened to the days when an ordinary citizen can start off from scratch and make a decent living out of their own business??
State and Federal Governments better get their acts together before they turn the United States into a Third-World country.
who in their right mind would start a business now, and if you already have a business, who would take chances on expanding their business or hiring new people--especially here in Connecticut with a tax structure designed to destroy businesses?
ReplyDeleteIt is tooo easy to say I told you so. I truly believe people, the elected ones, are not that stupid to realize what their policies are doing to small businesses and ultimately the economy.
ReplyDeleteThe middle class was basically created less than 100 years ago and tragically, Washington and Hartford are killing it under the banner of fairness.
Mark Bernacki
Today the Democratic leadership of our legislature is saying that we really don't have high business taxes in Connecticut, and that it is a myth portrayed by the media.
ReplyDeleteMaybe they should talk to some business owners here in Connecticut and others in right to work states like Texas where there is absolutely no state income taxes and no business taxes of any kind, and then compare the two?
On August 29 of 2009 Jodi Corzine wrote this opinion piece for the Wall street journal. Very interesting read.
ReplyDeleteConnecticut grabs $7,007 in state and local taxes per man, woman and child resident, according to the Tax Foundation, more per capita than every state but New York and New Jersey. That's hardly the company any state would want to keep these days, but the politicians in Hartford seem intent on following Trenton and Albany off the tax-and-spend cliff. This week Republican Governor Jodi Rell proposed a $1-billion-plus income tax hike, raising the top tax rate to 6.5% from 5% on individuals with incomes above $500,000 and couples with earnings above $1 million to close an expected two-year $8.5 billion budget deficit. The tax hike would be retroactive to January 1, meaning the government would snatch money that residents have already earned................
http://online.wsj.com/article/SB10001424052970203946904574301052733200312.html
Tony DiPietro summed it all up
ReplyDeleteCUT - CUT - CUT
the link didnt work in the previous post here it is again
ReplyDeletehttp://online.wsj.com/article/SB
10001424052970203946904574301052733200312.html