HARTFORD, Conn. – Even before the recently passed state budget raised corporate taxes, business owners named Connecticut’s tax burden as one of the main challenges to doing business here, according to a new survey.
Statewide, 20 percent of business owners surveyed said the tax burden is their greatest obstacle to growing their companies, according to the CBIA/Farmington Bank 1st Quarter Economic and Credit Availability Survey.
The tax burden was the third-most cited challenge, with 31 percent saying customer base expansion was the biggest hurdle and 21 percent saying finding new workers was the biggest challenge.
See the complete story at CT News Junkie.
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