To: The Connecticut State House, The Connecticut State Senate, and Governor Ned Lamont
Make GE Pay Their Fair Share
To balance the budget and protect state services, Connecticut legislators voted last month to close corporate tax loopholes that allowed the largest corporations to stash money in offshore tax havens. Now GE and other big corporations are demanding a special session to restore their tax breaks.
Tell lawmakers to stand strong and make high-profit corporations like GE pay their fair share to balance Connecticut’s budget.
Tell lawmakers to stand strong and make high-profit corporations like GE pay their fair share to balance Connecticut’s budget.
Why is this important?
This year, the Connecticut Legislature passed a strong, progressive budget that will put our state on the path towards a more competitive economy and make sure Connecticut continues to be a great place to live. Facing projected deficits, it closed corporate tax loopholes, asked the top 1% of wealthiest residents in the state to pay a their fair share, and took other reasonable steps which allowed them to avoid gutting our schools and community services.
A week later, a few of the biggest corporations led by GE demanded that Connecticut amend the budget to restore their tax breaks. If they have their way, lawmakers may have to slash even more funding from education, transportation, and children’s healthcare to meet GE’s demands. Instead of cutting even more vital social services, legislators should stand strong and make corporations like GE pay their fair share.
A week later, a few of the biggest corporations led by GE demanded that Connecticut amend the budget to restore their tax breaks. If they have their way, lawmakers may have to slash even more funding from education, transportation, and children’s healthcare to meet GE’s demands. Instead of cutting even more vital social services, legislators should stand strong and make corporations like GE pay their fair share.