Rep. DeLauro: Trump tax bill threatens 200K Connecticut jobs

<p>President&nbsp;Donald&nbsp;Trump says his tax cut will bring jobs back to Connecticut, but a report released by Rep. Rosa DeLauro says otherwise.</p>

News 12 Staff

Sep 20, 2018, 6:34 PM

Updated 2,055 days ago

Share:

Rep. DeLauro: Trump tax bill threatens 200K Connecticut jobs
President Donald Trump says his tax cut will bring jobs back to Connecticut, but a report released by Rep. Rosa DeLauro says otherwise.
Rep. DeLauro says Trump's tax law is actually encouraging companies to ship jobs abroad. The report says nearly 200,000 Connecticut jobs are at risk.
"A corporation that makes their wares outside the United States pays between 10.5 to 13 percent in taxes," says Rep. DeLauro. "But the same company making their wares in the United States will pay 21 percent."
DeLauro says the figures include 75,000 lost jobs in the state's manufacturing sector, 20,000 of whom are working in aerospace product and part manufacturing.
The congresswoman made the announcement at an unemployment office in Hamden, surrounded by call center workers. Many of those employees have seen co-workers laid off over the last few years as jobs move overseas.
"We are down to, I think, 3,000 and something members in Connecticut," says Frontier Communications employee Kim Edwards. "And we were much bigger than that."
Republicans say the tax bill is designed to bring more overseas money back to the U.S. They say in turn, those companies will invest and hire more workers.
The stock market has jumped to new heights since the bill was signed.


More from News 12
1:57
Bushwick building owner cited for illegal work performed before fire destroyed supermarket, apartments

Bushwick building owner cited for illegal work performed before fire destroyed supermarket, apartments

1:44
STORM WATCH: Cool and cloudy with mild temperatures for NYC; tracking thunderstorms midweek

STORM WATCH: Cool and cloudy with mild temperatures for NYC; tracking thunderstorms midweek

1:26
Police: Cyclist struck by car overnight in Bushwick in critical condition

Police: Cyclist struck by car overnight in Bushwick in critical condition

1:24
Lawmakers crack down on theft against small retail, businesses owners in Brooklyn

Lawmakers crack down on theft against small retail, businesses owners in Brooklyn

0:24
Police: Man injured from overnight shooting in Brownsville

Police: Man injured from overnight shooting in Brownsville

New York City National Teacher Appreciation Week Photos

New York City National Teacher Appreciation Week Photos

1:15
NYPD: 23-year-old woman struck by B41 bus in Downtown Brooklyn

NYPD: 23-year-old woman struck by B41 bus in Downtown Brooklyn

1:35
4th annual People's Ball returns to the Brooklyn Public Library

4th annual People's Ball returns to the Brooklyn Public Library

1:43
Interested in transforming public pool sites in New York City? Here's how to submit your ideas

Interested in transforming public pool sites in New York City? Here's how to submit your ideas

2:09
Riverdale Restaurant Week kicks off for the season

Riverdale Restaurant Week kicks off for the season

0:32
NYPD: Man pistol-whipped taxi driver in Olinville, fired shots at vehicle; suspect sought

NYPD: Man pistol-whipped taxi driver in Olinville, fired shots at vehicle; suspect sought

0:30
Zibanejad has 2 goals and 1 assist, Panarin scores as Rangers beat Hurricanes 4-3 in Game 1

Zibanejad has 2 goals and 1 assist, Panarin scores as Rangers beat Hurricanes 4-3 in Game 1

1:53
Ditmas Park residents fed up with only building elevator being out of service for a year

Ditmas Park residents fed up with only building elevator being out of service for a year

1:48
Mott Haven art exhibit celebrates Indian Arrival Day

Mott Haven art exhibit celebrates Indian Arrival Day

1:48
FDNY: Rooftop fire spreads into apartment in Crown Heights

FDNY: Rooftop fire spreads into apartment in Crown Heights

1:22
Early Red Nose Day festivities kick off in Dumbo

Early Red Nose Day festivities kick off in Dumbo

2:06
Community-run green space needs help to keep produce growing

Community-run green space needs help to keep produce growing

2:13
FDNY: 1 critical, firefighter injured in East Flatbush apartment fire

FDNY: 1 critical, firefighter injured in East Flatbush apartment fire

2:06
New guidance says women need to be screened for breast cancer at 40 or younger

New guidance says women need to be screened for breast cancer at 40 or younger

2:00
Families devastated after learning 2 Brooklyn Catholic schools will be shutting down

Families devastated after learning 2 Brooklyn Catholic schools will be shutting down