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To end corporate welfare in Connecticut, cut taxes for all businesses

JULY 19, 2021 | by Chris Powell | JOURNAL INQUIRER (CONNECTICUT)

By Chris Powell, includes “At Governor Lamont's order state government is reducing its direct subsidies to businesses coming into the state or expanding here … These subsidies have reeked of political patronage and corporate welfare … The Lamont administration's new idea is to subsidize incoming businesses by rebating to them some of the state income taxes paid by their employees. … Last week the Yankee Institute offered a better and perfectly fair idea: Eliminate grants, loans, and tax credits to new businesses and simply repeal Connecticut's corporation business tax.”

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