Governor Won't Raise The Income Tax

Governor Dan Malloy is rejecting the use of income tax increases to help balance the state budget.  Malloy  says income tax hikes would be damaging to the state economy.  

He also  worries that raising the income tax could prompt Connecticut's richest  residents to relocate to another state.  

The state has been without a  budget since the new fiscal year began in January, and Malloy says he doesn't see the stalemate with the legislature ending anytime soon.


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