Now that our genius governor decided to pass a budget raising corporate taxes on big corporations here in Connecticut, changes might be on the way.

A new two-year budget was passed last week in Hartford that paves the way for legislature to glean more money from the state. The end result included a major changes for corporate income taxes.

Christopher Capozziello/Getty Images
Christopher Capozziello/Getty Images
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GE, Travelers, and Aetna have all been vocally against these changes, increasing corporate taxes by $700 million, according to the CT Post. The idea is to help balance the budget this way, rather than taking money from other government programs.

Gov. Molloy's rival in Indiana has reached out to GE to try and get Jeff Immelt's company to move out to the Midwest.  You may remember the pissing match between Molly and Mike Pence of Indiana over a religious freedom law.

Bob Falcetti/Getty Images - Hartford Capitol
Bob Falcetti/Getty Images - Hartford Capitol
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Texas Gov. Abbott has also reached out to GE following the news. Executives at Aetna and Travelers have also been vocal about the negative changes to the corproate tax laws.

It's simple, you raise these taxes, these companies move and people lose their jobs...LOTS of people. I'm sick of the democrats complaining about corporations not paying "their fair share", when the corporations are the ones who employ the hard working Americans...When will people learn?

 

Listen to Dan Hopkins weekday afternoons from 2pm-7pm on KICKS 105.5 and on your mobile device with Radio Pup.  

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