The state of Indiana is suggesting three major Connecticut employers that openly criticized planned tax increases consider moving to the Hoosier State.
On Wednesday, Indiana ran a full-page ad in The Wall Street Journal that reaches out to General Electric Co., Aetna Inc. and the Travelers Companies Inc. The ad says Indiana is offering its "support in the wake of Connecticut's looming tax increase, because friends don't let friends pay higher taxes."
Full page ad in Wall Street Journal today. pic.twitter.com/LfrkXv5MCg
— ctnewsjunkie (@ctnewsjunkie) June 10, 2015
Joe Brennan of the Connecticut Business and Industry Association said other states also contacted those companies since the General Assembly passed a Democratic budget last week. Brennan said he hopes to meet with Governor Dannel Malloy this week to discuss the tax situation.
A Malloy spokesman said Connecticut has one of the lowest corporate tax rates.