In what is the single most significant pro-jobs bill for Connecticut in this legislative session so far, Senate Bill Number One from the Senate Democrats is moving on in the process after being passed by Finance Committee this week.
The bill is the brain child of Senate President Don Williams. It would eliminate the $250 business entity tax for about 48,000 small business. The businesses must be limited liability companies, and must have less than $50,000 in annual net income. It would be real tax relief for small business.
Republicans on the committee object to the bill for two reasons; one legitimate and one laughable. The first reason is that the bill is “paid for” with a surcharge on state residents who work for companies that got help form the federal TARP bailout and got bonuses in excess on $1 million. It is unclear how much money that surcharge would bring in and whether it would cover the elimination of entity tax.
This has to be the first time Republicans have worried about a new revenue stream. The bill makes sense, provides real relief for new and prospective businesses. The Republicans look silly objecting to it on the revenue stream argument.
The second GOP objection is realistic. The bill may simply be unconstitutional because it singles out a particular group of people. The Constitution guarantees equal protection. The attorney general’s office has said the bill is “likely constitutional.”
Williams, Majority Leader Martin Looney and the Finance Committee should be commended for this initiative. Nice to see more governing and less “campaigning.”
The author of The Shad worked on the senior staff of the Senate Democrats for more than five years.
The National Republican Committee usually conjures up thoughts of staid, stodgy, old, big money types. Ah, but not so fast. The Republican National Committee spent $1,946 last month at a sex-themed Hollywood club that features topless dancers and bondage outfits. The amount is itemized as expenses for meals at Voyeur West Hollywood. Insert your own joke here.
RNC spokesman Doug Heye said Monday the committee doesn’t know the details of how the money was spent, who may have attended or the nature of the outing, except to say it was an “unauthorized event” and that the expenditure was inappropriate.
The conservative group Concerned Women for America said the RNC should disclose more about the episode.
“Did they really agree to reimburse nearly $2,000 for a bondage-themed night club?” group president Penny Nance asked in a statement. “Why would a staffer believe that this is acceptable, and has this kind of thing been approved in the past?”
And they didn’t even have a “Going out of Business Cheesy Bread Sale.” One of the most popular eateries for the political-types in Hartford has been Hot Tomatoes at Union Place in Hartford. There have been reports, highlighted in the Hartford Courant, “that the landmark restaurant at the Hartford train station is in the midst of selling some kitchen equipment and supplies as staff leave and customers, who had booked the place for parties this season, scramble to find last-minute, alternative venues.”
Owner Melissa Altmann insists the place is only closed indefinitely for renovations and repairs from a broken water pipe. The Shad has attended dozens of events such as going away and holiday parties and any number of politically connected events at HT—looking for the cheesy bread.