Conn. businesses pan renewed taxes in budget

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.

Copyright 2014 AP Modified. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Connecticut (change)

Connecticut has 169 cities and towns, which serve as the fundamental local political subdivision of the state. Connecticut is the 5th of the original thirteen United States.
Offices & Officials

Governor: Dan Malloy
Lieutenant Governor: Nancy Wyman
Attorney General: George Jepsen
State Treasurer: Denise L. Nappier

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