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CBIA Asks For A Meeting on Tax Package Before Special Session

by | Jun 5, 2015 4:01pm () Comments | Commenting has expired | Share
Posted to: Business, Jobs, Labor, State Budget, Special Session

Christine Stuart file photo The Connecticut Business and Industry Association delivered a letter to Democratic Gov. Dannel P. Malloy Friday afternoon requesting a meeting to see if anything in the tax package can be changed.

The tax package, which increases corporate taxes by $282 million in the first year, was loudly panned by the business community in the final few days of the legislative session.

Joe Brennan, president and CEO of CBIA, said Malloy seemed open to possibly modifying the tax package at a press conference Thursday.

“Yesterday, you stated that the tax package presented questions for which there are no immediate answers, and suggested the opportunity to listen to the voices and concerns that are being expressed before the legislature meets in the upcoming special session,” Brennan wrote. “Therefore, I respectfully request that you convene a meeting at the earliest possible date with CBIA and legislative leaders from both parties so we can discuss with you the very real problems facing the state and how we can take advantage of the special session to rectify the situation.” 

At that press conference, Malloy said there may be an opportunity to clarify some of the corporate taxes included in the budget. However, he didn’t say specifically whether that meant changing them or simply explaining them.

“I think the revenue package is the revenue package,” Malloy said. “I think it needs to be fully understood and to the extent it needs to be clarified it should be.”

As far as a meeting with the governor, a spokesman suggested Brennan could have asked for that several times over the past few days.

“The Governor and Joe have spoken several times in recent days—he’s happy to meet with him one-on-one. If he wanted a meeting, not sure why he didn’t just ask for one over the phone,” Devon Puglia, a spokesman for Malloy, said Friday.

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(15) Archived Comments

posted by: LE 2015 | June 5, 2015  6:15pm

What is the difference if he sent a letter or calls? He is trying to save jobs in Connecticut. Isn’t the governor working for the people. This has been the problem throughout the budget process. The dem s do not want input from anyone except another dem. many of us feel that we have no representation in Hartford.

posted by: art vandelay | June 6, 2015  1:08am

art vandelay

The Democrats & Governor Malloy closed the door on the Republicans. What makes the CBIA think the Governor Malloy will open the door for them?

posted by: art vandelay | June 6, 2015  1:09am

art vandelay

@LE2015,
Elections have consequences.  This is one of them.

posted by: Biff Winnetka | June 6, 2015  6:52am

Malloy’s future political viability cannot afford the negative publicity of ANY major corporate moves, layoffs or negative WSJ Op-Eds.

He will concede just enough to the CBIA and its constituent businesses to placate them through the end of his term, however long that may be.

In fact, I believe the fix was in before the budget was passed.  “Hey boys, let me hammer you with taxes publicly to satisfy my base, then I’ll take care of you privately afterwards.”

posted by: DrHunterSThompson | June 6, 2015  7:52am

too little, too late.  the governor will never meet with CBIA and leaders of both parties.  too arrogant. too destructive.

HST

posted by: shinningstars122 | June 6, 2015  11:49am

shinningstars122

That letter is pretty weak sauce and not one mention of the needs of the Connecticut worker or the voters of our state.

If the CBIA really wants to help shift the debate they honestly need to be more of an advocate for Connecticut’s workers and not just their bosses and owners.

Where is the Q-poll and we could really use one on this budget?

posted by: SocialButterfly | June 6, 2015  1:33pm

@DrHunterSThompson: Gov. Malloy can continue to be arrogant and destructive as our voters empowered him to his style of motley
Democratic politics. They allowed Malloy and his elected Obama indoctrinated power brokers to fool them twice at the polls. We are now doomed to keep paying through the nose FOREVER.

posted by: justsayin | June 6, 2015  3:59pm

Shinning star your one trick blabbering is getting tired. Your boy dan closed ranks and put this budget out there. Unbalanced, unconstitional CBIA is good for CT and it’s workers.

posted by: art vandelay | June 6, 2015  4:48pm

art vandelay

@Shiningstars122,
The workers in this state have a BIG voice in Hartford if you forgot.  It’s Dannel P. Malloy and every Socialist/Marxist/Progressive Democrat in Hartford who crafted this budget.  They protected every worker (public sector) in this state.  Not once were they asked to come to the table for more “shared” sacrifices as they did 4 years ago.  The workers had a voice and they made out quite well.  As to the private sector they have two choices if they don’t like it.  One is to move, and the other is to support their fellow (state) worker.

posted by: shinningstars122 | June 7, 2015  9:51am

shinningstars122

@justsayin if you honestly think that letter has any sense or urgency or conveys what the working class is really dealing with with our economy in CT…well keep cheering with your poms poms.

Corporate profits are at an all time high in our country’s history and have soared since the Great Recession so unless the CBIA publicly broaden’s it appeal for policies that both benefit the worker and the owner…well they are simply just another special interest group in the hoard.

@justsayin for the record have you been giving an annual pay raise since 2009?

I would be curious to know.

Either way if you think that is the best the CBIA can do…well then we will see no positive shift or open dialogue on a possible veto or substantial changes in the current budget.

Plus who knows if GE had not already been planning this possible move and now they conveniently have a perfect excuse and in the process preserve their public image as well…I mean this is the house Jack Welch built and polluted the Housatonic River for decades, so they need some empathy form voters like you.

Especially after making $5.6 billions in the fourth quarter of 2014.

@Art stop always thinking about public service workers dude the private ones are the ones who have experienced flat wages for decades and decreasing buying power with those stagnant wages.

posted by: oliviahuxtable | June 8, 2015  10:59am

Shiningstar…you are correct. The beleaguered middle class latches onto the state worker as the evil force in the economy,while turning a blind eye to the corporations who have outsourced some of their jobs, made their wages stagnant, raped their medical benefits (seriously,  did you ever hear of a $6000.00 deductible 20 years ago?)...and why are they fixating on workers rather than corporations? Because ranting at their private sector bosses will get them fired, plain and simple. They have no recourse but to complain about us, because that is easy and their job stays safe (until their corporate bosses decide overseas labor is cheaper). It’s not my union’s fault people have outrageously high deductibles, haven’t had a decent raise, work more and more for less and less. But i sympathize with them. And the politicians. ...who is concerned for these workers? Who is advancing policies to stop this wretched decline? Please, tell us who.

posted by: justsayin | June 8, 2015  11:41am

@Shinningstar lets try and stay on point. Just the fact the CBIA or just under half of the voting population is not even being hard on this budget is the issue. CBIA is doing a good job keeping the points out there and looking for a solution.

posted by: Biff Winnetka | June 8, 2015  11:50am

@oliviahuxtable

Nice try at reframing the issue of high medical deductibles.
That aint got nuthin to do with corporate misfeasance and has EVERYTHING to do with OBAMACARE.

Nice try though darlin’.

posted by: Greg | June 8, 2015  12:41pm

Call the bluff, I say.  If GE needed a good excuse to move, so be it. CT doesn’t need residents with high incomes in GE’s executive group anyways, nor does it need the tax dollars from those incomes. 

Travelers, Aetna, et al…crybabies.  Move out of the state, I say.  CT doesn’t need thousands of insurance jobs, some of which are very skilled and provide 100k+/year.  We don’t need thriving, affluent towns like West Hartford, Avon, Simsbury, and the like with nice, safe communities and good schools, populated by those 10%ers with good jobs and good benefits, who buy nice houses and pay lots of taxes.  None of that matters, all the lawyers and actuaries and such making six figures.  We’re about taxing those excessive corporate profits, not worrying if an employer moves to one of another 49 states in the union. 

No, CT is a place where you do business the Loony and Bye way, and if you don’t like it, get out! 

Evil Koch bothers…This budget is what happens when those TEAthugglicans are in power and bring their cronyism to Hartford and crush the poor and middle class.

posted by: M_Dietrich | June 8, 2015  9:24pm

M_Dietrich

Corporations were moving toward high deductible plans well before Obamacare. The point is that most middle class people in this state have felt squeezed and stagnant for years - whether you’re a state employee or work in the private sector. Is state spending out of control? Yes, of course. We shouldn’t have to support excessive spending with such drastic new or reconfigured taxes, but we also don’t need to coddle corporations that are raking in profits with little to nothing trickling down to employees. There has to be a balance, but certainly this budget does not strike any balance.

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