CBIA calls on financial expert and nonprofit leader to promote corporate tax cuts

HARTFORD, Conn. – Gov. Dannel P. Malloy has said it. Advocates for those with developmental and intellectual disabilities have said it. Labor union representatives have said it.

Connecticut has the second-lowest effective corporate tax rate in the nation, they all cried, citing a 2014 Ernst and Young report released in conjunction with the Council on State Taxation’s analysis of business taxes in Connecticut.

But that’s not what Andrew Phillips, the study’s lead author, said when the Connecticut Business and Industry Association trotted him out at a sunny, Monday afternoon press conference on the east steps of the state capitol.

See the complete story at CT News Junkie.