Posted on June 10, 2019 by jencusato
HARTFORD – House Republican Leader Themis Klarides (Derby) issues a response addressing the impacts of the recently closed 2019 Legislative Session and the economic pressures that will follow.
“The new developments of the 2019 Session will soon deliver a debilitating blow to the economy of Connecticut as the recently passed legislation is soon signed in to law. It should not be seen as mere coincidence that a company, employing 19,000 individuals and has called Connecticut home for almost 100 years announced over the weekend the departure of its headquarters, and is moving north to Boston Mass,” said Klarides
Representative Klarides went on to say, “Partisan politics aside – The economy of Connecticut is not in a good place and has been at a constant disadvantage in comparison to our neighboring states and the entire East Coast for more than a decade. With this in mind it is imperative that every detail, every judgement call by our current Governor and Majority Party be made with sustainability and long term economic survival top of mind. Clearly not the case when we take in to account the events of 2019 Session.”
“A devastating ripple effect will be triggered when the Governor signs almost $2 billion in new tax revenue in to law. Revenue that will be pulled from the taxpayers and businesses of Connecticut which will surely be one of the most tragic things I will have seen be thrust upon the economy of Connecticut. I fear for not just our future generations, but the generations trying to make a life for themselves and their families presently. Only days after the close of session we can already see a stark contrast has swiftly been struck; as the majority party rejoices over their progressive agendas awaiting the Governor’s signature, businesses are lining up to announce their departures,” said Klarides.