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January 9, 2023
NFIB Encourages Connecticut Lawmakers to Keep Small Businesses at Forefront During 2023 Legislative Session
- Maintaining fiscal stability – Connecticut has entered into a period of fiscal stability as a result of budgetary practices adopted by the legislature in 2017. NFIB encourages Governor Lamont and the legislature to continue those sound budgetary practices in order to maintain stability and fiscal health.
- Income and other tax relief – Connecticut heads into the 2023 session with a projected budget surplus, in part due to recent sound budgetary practices. As the Governor and some lawmakers discuss possible tax cuts, small business owners would benefit from meaningful income and other tax relief; money they can use to reinvest in their businesses, communities, and employees.
- Addressing major cost drivers – Connecticut’s small businesses continue to battle inflationary impacts and the rising costs of healthcare, energy and transportation are greatly impacting their operations. The legislature must focus on ways to address these rising costs and make them more affordable.
- Refraining from new labor mandates or regulations – Added labor costs and complexities make it more difficult for small business owners to provide jobs. Lawmakers should refrain from adding any new labor costs or mandates on employers and instead focus on ways to incentivize job creation.
- Address workforce shortages – Small business owners have been struggling to hire and retain employees. State lawmakers must prioritize workforce training and development for both the near and long terms.
State:
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