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)