Letter letters

Letter: CT’s ‘Tax on Jobs’ an Assault on Local Businesses & Jobs

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To the editor:

After Malloy managed to chase large businesses from our state, the government has now targeted mid-size companies and franchises. The initiative comes from the Democrat-ruled Assembly (Senate Bill 391) and is euphemistically titled “The Economic and Fiscal Impact of Connecticut’s Proposed Statute to Recoup Costs Attributable to Low-Wage Employers.”

It should be called “Tax on Jobs.” That is shorter, more transparent and more accurate. The proposed law requires Connecticut employers to pay the state a tax of between 10 cents and $1 per hour for every hour worked by an employee who earns less than $15 an hour. The tax will be imposed on employers of 500 or more workers and on smaller companies if they belong to a franchise with 500 or more employees. As the National Federation of Independent Business has testified “many small businesses may potentially be impacted by the provisions that aggregate employees of franchises.