Conn. businesses pan renewed taxes in budget

AP Modified

Updated: Feb 6, 2013 4:40 PM

HARTFORD, Conn. (AP) — Connecticut Gov. Dannel P. Malloy's proposed two-year $43.8 billion state budget got mixed reviews from businesses over taxes that would be extended despite promises to end them.

The budget Malloy unveiled on Wednesday continues taxes on electric generation and a corporate surcharge. Both taxes were enacted in 2011 and Malloy and legislative leaders promised to end the taxes this year.

Kevin Hennessy, spokesman for Dominion Resources Inc., parent of Millstone Power Station in Waterford, said the company will not be fooled again.

But Andrew Markowski, state director for the National Federation of Independent Business, praised Malloy for not raising taxes.

The Senate's top Democrat, Majority Leader Martin Looney, said lawmakers need to take a new look at taxes with the budget.

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