Beverly Dacey of Easton hasn't raised prices at her small manufacturing company in Bridgeport since 2005. "We have to increase our prices this year, and we're thinking of relocating," said Dacey. "There are many more states that are business friendly."
At a Town Hall meeting Tuesday, Dacey asked state Sen. John McKinney what Connecticut will do to keep businesses in the state. She said the cost of goods has to go up, which will result in inflation, leading businesses in a "dangerous direction" in which they will have to absorb more costs.
Whether it's the film industry or construction, McKinney said the state should work to fill office space and provide "real people with real jobs."
McKinney and state Rep. John Shaban , both Republicans, discussed Gov. Dannel Malloy 's budget proposal at Samuel Staples Elementary School on Tuesday. With the proposed tax increases, a family earning $120,000 with two kids, one of whom drives, would see a total tax increase of $1,090, McKinney said.
"What happens if our revenue goes down; as a business, we cut back. What happens if I raise prices? I lose customers," said Andy Lozyniak of Easton, who has been in business and worked for businesses for 30 years. "I've lived in Connecticut for 53 years. Eventually everyone is going to move out of the state."
Thomas Herrman, Easton's first selectman, said, "This budget is very unified in the state. It seems like everyone has a problem with it."
McKinney presented a chart comparing the growth in spending, inflation, state employee count and population from 1987 to 2011. "The population has remained flat, yet our spending has exploded," he said.
Malloy, a Democrat, said he is cutting spending. But Shaban said Malloy is cutting current service spending and said the budget still has an increase in spending.
"If you spend $10 one year and plan to spend $14 the next year and only spend $12 ... some people say you cut $2. I say you increased spending," said McKinney.
How will Gov. Dannel Malloy's proposed budget affect you? Leave your comments below.
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