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Joseph F. Brennan

Crisis In Connecticut? Business Group Pushes For Changes To State Budget

Crisis In Connecticut? Business Group Pushes For Changes To State Budget

Last week, some of the state's largest corporations roared loudly as the details of a two-year budget passed by the General Assembly came into view. In an effort to balance the state budget, the legislature needed more revenue — and while it went to many places to find it, several of the biggest changes affected corporate income taxes. "I feel it's incumbent on me to do everything I can to change this," said Joseph Brennan, president of the Connecticut Business and Industry Association. In a letter late last week, he characterized the two-year budget passed recently by the General Assembly as creating a "crisis in Connecticut." In fact, General...

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