June 4, 2015 / 9:21 PM / 4 years ago

Aetna says state tax burden to jump 27 percent on Connecticut budget

NEW YORK, June 4 (Reuters) - Aetna Inc’s state tax burden will increase 27 percent after Connecticut’s lawmakers passed a budget that extends a corporate tax surcharge, taxes business on group-wide income, and raises a tax on data processing, the company said Thursday.

“Elected leaders have failed to address the state’s budget obligation responsibly,” Aetna said in a statement. “But it’s Connecticut’s businesses and residents that will pay the price.”

Aetna said it currently pays $65 million each year in taxes to the state. (Reporting by Edward Krudy; Editing by Bernard Orr)

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