Making Connecticut a Top State for Business
02.10.2014
Issues & Policies
How can we make Connecticut one of the best places in the nation to do business?
And why is that important to everyone in the state?
Only a healthy economy provides the jobs, opportunity, and quality of life that people and communities need.
Only a strong business climate generates the tax revenue that enables state and local governments to provide critically needed social services.
National business climate rankings have undermined the perception of Connecticut as a favorable state to do business both here and throughout the nation.
By making fundamental changes and aggressively implementing recent initiatives to strengthen our economy, however, we can make meaningful annual progress in those rankings and be among the best states to do business within a few years.
State government needs a laser-like focus on improving Connecticut's economic competitiveness to attract the private-sector investments and business activities needed to create good jobs and build healthy communities.
We’ll never be one of the least expensive states in which to do business, but Connecticut can be one of the best if we nurture our strengths and address our shortcomings.
We need to:
- Address Connecticut’s immediate and long-term fiscal and economic issues aggressively
- Make commonsense reforms and reject efforts that won’t improve our competitiveness
- Measure progress and adjust for improvement
- Reach the Top 20 states, or above, in national economic and business rankings
CBIA's legislative agenda shows how. It contains goals to be reached over the next three years, and specific achievements needed in 2014. Making steady, annual progress on these goals will restore business confidence in Connecticut and help us climb in the national rankings.
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