Posted on January 2, 2024 by atammaro
Several new laws took effect on January 1st that could have an impact on you, your business, or our community. I have highlighted some of them below.
An expanded list of those enacted on January 1st, along with summaries, can be accessed here.
The state budget, adopted in June, cuts the bottom two marginal income tax rates for all filers from 3% to 2% and from 5% to 4.5%. Income taxes on the first $50,000 in taxable income will be lowered for single filers and married people filing separately,…
Posted on December 6, 2023 by atammaro
HARTFORD — State Representative Joe Polletta (R-68) released the following statement opposing a “One Fair Wage” proposal affecting Connecticut food servers and restaurant owners.
“When our local restaurants and the people who staff them are just recovering from government’s pandemic shutdowns which led to increased costs and decreased business, they are insulted with another radical proposal which would eliminate the tip credit for food servers and further cripple a vital industry in Connecticut.…
Posted on October 31, 2023 by atammaro
Connecticut’s largest business organization recognized State Representative Joe Polletta with a perfect voting score on key bills impacting Connecticut’s economic growth and business climate during the 2023 legislative session.
The Connecticut Business and Industry Association (CBIA) ranked all state lawmakers based on their support for the business community’s positions on 10 important policies. The bills all affect job creation, small business growth and economic stability in Connecticut.