Senator-elect Rob Kane Joins Bipartisan Call To Abolish Business Entity Tax

January 18, 2007

Senator-elect Rob Kane (R-32) applauded today’s bipartisan call to abolish the state’s six-year old business entity tax during the upcoming 2008 Legislative Session.

“Creating jobs and keeping existing businesses in Connecticut has to be a priority if we are serious about growing our economy, lowering taxes for everyone and keeping our best, and our brightest, students here at home. Getting rid of this unfair, unnecessary, and counter-productive tax will send a much-needed message to the business community that we want them here,” said Senator-elect Kane, who was elected to represent the 32nd Senatorial District in a special election on January 15th.

Republican legislators, including Representative Arthur O’Neill (R-69) and members of the General Assembly’s Commerce Committee, joined Secretary of the State Susan Bysiewicz and Democrat legislators at a press conference to urge the General Assembly to abolish the business entity tax this year. Republican legislators have been calling for the elimination of this onerous $250 annual tax on all businesses since it was established in 2002.

“As a small business owner, I know that my opinion of this offensive tax is widely shared. Over the years, I have been disappointed that, until now, Republicans seemed to be the only ones who understood just how harmful this tax is. I am looking forward to the opportunity to work in a bipartisan manner to abolish this tax – and pass other, equally necessary, pro-jobs legislation such as the package of initiatives being offered by Republicans this year,” said Senator-elect Kane.

Senator-elect Kane is the founder and president of KarTele in Waterbury. He and his wife, Dr. Marcy Kane, live with their two children in Watertown.

The 32nd Senatorial District includes the communities of Bethlehem, Bridgewater, Middlebury, Oxford, Roxbury, Seymour, Southbury, Thomaston, Watertown, and Woodbury.