MERIDEN — Democratic leaders came to Paul’s Courtyard Cafe on West Main Street today to try to build support for a bill that would help small businesses throughout the state.<\/p>\n
Most of Connecticut’s jobs are with firms that are considered small businesses, and those businesses could use a little relief, said Senate President Pro Tem Donald E. Williams Jr., D-Brooklyn<\/p>\n
There will be a hearing on Senate Bill No. 1 next week, Williams continued, noting that the bill would suspend the state’s $250 business entity tax for two years, create a revolving loan fund for small businesses and consolidate economic development entities. <\/p>\n
Democrats want to pay for their jobs bill by putting a temporary 2.47 percent surcharge on TARP bonuses. Under their plan, bonuses of $1 million or more paid to employees of TARP entities would be subject to the surcharge. The surcharge would apply for two years- until 2011, and the surcharge would be on top of the state’s existing income tax rate.<\/p>\n
“It’s very important we all step up,” Williams said. <\/p>\n
Sean Moore, president of the Meriden Chamber of Commerce, praised lawmakers for trying to help small businesses at Monday’s press conference, calling the business entity tax a nuisance and saying that the revolving loans would certainly help. <\/p>\n
Also at Monday’s press conference was House Speaker Christopher G. Donovan, D-Meriden, and Sen. Thomas P. Gaffey, D-Meriden. <\/p>\n
These are tough economic times and there are high unemployment rates, Gaffey said, stressing that lawmakers are doing what they can to brings jobs back to the state. <\/p>\n
“This is an incredibly important initiative,” he said.<\/p>\n
Donovan agreed, saying, “Jobs are our No. 1 priority at the Capitol.” <\/p>\n","protected":false},"excerpt":{"rendered":"
MERIDEN — Democratic leaders came to Paul’s Courtyard Cafe on West Main Street today to try to build support for a bill that would help small businesses throughout the state. Most of Connecticut’s jobs are with firms that are considered small businesses, and those businesses could use a little relief, said Senate President Pro Tem Donald E. Williams Jr., D-Brooklyn […]<\/p>\n","protected":false},"author":5513,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-355135","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/355135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5513"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=355135"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/355135\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=355135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=355135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=355135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}