State Senator L. Scott Frantz Partakes in CBIA’s Business Day
March 9, 2011Retain Jobs, help expanding companies grow and attract new business
Hartford – Today, State Senator L. Scott Frantz (R-36) partook in Connecticut Business and Industry Association’s (CBIA) Business Day at the state capitol.
Business Day is hosted by CBIA and the Connecticut Association of Chamber of Commerce Executives (CACCE). This is an annual event aimed at attracting hundreds of Connecticut’s business leaders with a common goal of helping business thrive. Legislators and members of the business community engaged in open dialogue on issues ranging from state spending to the rising costs of health care and energy.
“Business Day at the capitol provides a unique opportunity to hear directly from businesses around the entire state,” said Senator Frantz. “We listened as businesses and industry leaders voiced their opinions on Connecticut’s current economy and what they will need to keep their doors open in state.”
Senator Frantz also had the opportunity to speak at a smaller breakout session about the impact of present levels of state spending and increased taxation on business.
Senator Frantz stated, “Discussing the size and cost of government in relation to commerce reaffirmed what we in the legislature need to focus on going forward. If we are truly committed to building a solid economic foundation for the long term, increasing regulations and tax burdens on the companies that create jobs and drive state revenue is not the answer.
“My hope is that the legislature will absorb everything discussed today and then use that information as a platform to build policies that both expand and attract business. Through structural changes, a right sized government and a commitment to tax incentives, we can foster a business friendly environment and restore our state’s quality of life.”