CT LEGISLATIVE AGENDA 2020
The GOP tax bill passed in December 2017 slashed the corporate tax rate from 35% to 21% with the promise that corporations would use their bigger profits to reinvest in their companies and workers. But in reality, it cuts taxes for the super-wealthy and corporations and actually makes it easier (and cheaper) for companies to send jobs overseas by taxing profit made abroad at an even lower rate.
Connecticut should not subsidize corporations that destroy jobs, should incentivize corporations to bring back good jobs, and needs high-quality jobs!