For Immediate Release
February 1, 2016
Yankee Institute for Public Policy
Contact: Zachary Janowski
Yankee Institute Launches New Campaign to Protect Jobs in Connecticut
New website features video and study detailing Hartford politicians’ devastating tax scheme
HARTFORD – Today, the Yankee Institute for Public Policy launched WorkingClassTax.com to educate legislators and the public about legislation that would impose a $1 tax on employers for every hour their employees work for less than $15 an hour. The bill was introduced last year as SB 1044 in the General Assembly and is expected to reappear in the upcoming 2016 legislative session.
The Yankee Institute has branded this scheme the “Working Class Tax” because of the harm it would inflict on entry-level employees throughout Connecticut.
The website also features a new video with both policy experts and employees from the Ninety-Nine Restaurant and Pub explaining the importance of entry-level positions and how this tax would eliminate many of these jobs in Connecticut.
To view the website, click here.
Click here to watch the video.
In addition to the new video, the website also includes a new study from Quinnipiac University economist Mark Gius. The study debunks previous reports that projected economic growth as a result of this scheme. Gius’ findings show that claims of job creation were based on the assumptions that the state will use hundreds of millions in new tax revenue to hire new employees, an unlikely scenario given existing budget constraints.
“The Working Class Tax will deprive young workers of important job experience in Connecticut,” said Carol Platt Liebau, president of the Yankee Institute. “It’s just another $100 million in tax dollars for Hartford politicians to spend however they please.”
The Hartford-based Yankee Institute for Public Policy works to transform Connecticut into a place where everyone is free to succeed.