I am a Connecticut employer who has kept his family business here despite the oppressive and stifling atmosphere including overwhelming taxes and regulations. I have been outraged at Connecticut’s Federal Unemployment Tax Act tax on all employers because of the state government’s inability to responsibly manage our federal loan, and the illegality of a tax on businesses who do not vote or have a say in government. I now see a wonderful opportunity for the state to correct its course by reforming Connecticut’s unemployment compensation system like the states surrounding us have done.
Op-Ed: Company president outraged at Connecticut’s ‘fiscal incontinence’
In his open letter to Gov. Dannel Malloy, the president of a Danbury manufacturing firm explains why he is outraged at state spending and tax policies that make Connecticut an expensive and unwelcoming place to do business; and why he is contemplating moving his company to a more friendly state.