Business execs: Companies need tax cr...

Business execs: Companies need tax credit

There are 3 comments on the Connecticut Post story from Apr 27, 2009, titled Business execs: Companies need tax credit. In it, Connecticut Post reports that:

If Democratic plans to eliminate a 30-percent tax credit on research and development become part of next year's budget, high-tech state jobs will be lost and companies will possibly move out of state, manufacturers and biopharmaceutical executives warned Monday.

Join the discussion below, or Read more at Connecticut Post.

QWERTY

Baldwin, NY

#1 Apr 27, 2009
This article couldn't be more correct. Technology's downfall is that it allows remote locations to do the work. There is little incentive to keep these jobs in Connecticut if they are going to be taxed higher than other parts of the country.

If these jobs leave Connecticut, then the middle class either leave with them or the middle class becomes the lower class. Either way, it's bad news for EVERYONE.

This state needs to focus on cutting spending in order to retain the work. I know it doesn't help the lower class...but if you don't do what's best then the lower class pool will only get larger.
mike

Windham, CT

#2 Apr 27, 2009
For lease former pitney Bowes complex, as well as many former pharmacutical locations.....Great way to drive whatever business is left in Ct right out the door, they must have a great plan for the State taking into consideration what their thirst for taxes will do to who is soon to be leaving...
Liberal Losers

Wallingford, CT

#4 Apr 28, 2009
This liberal think tank's harmful public policy suggestions stink worse than a sewage plant. Get real Voices for Children- who do you really speak for?

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