United Technologies Corporation

United Technologies Among 16 Companies Pushing For Business Tax Cuts

United Technologies Among 16 Companies Pushing For Business Tax Cuts

The chief executive officer of United Technologies Corp. joined 15 other corporate bosses Tuesday asking Congress to cut business taxes in return for companies bringing home trillions of dollars parked overseas to avoid higher taxes.

The public position taken by CEO Greg Hayes is unusual. The Farmington-based aerospace and building systems conglomerate typically lobbies below the radar, including on the issue of high business taxes.

"For the first time in 30 years, the U.S. has a real opportunity to adopt major reforms and the change cannot come soon enough," Hayes and the other executives wrote to Republican and Democratic House and Senate leaders.

The letter...

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