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Testimony on House Bill 7408

Submitted by Scott Shepard April 10, 2019.

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Connecticut business survey faults taxes, regulations as barriers to growth

The Connecticut Business and Industry Association and BlumShapiro released Friday their annual survey of businesses in Connecticut, showing state taxes and regulations are the biggest roadblocks to business growth and expansion. The three biggest challenges to growth cited by the businesses surveyed were costs associated with state regulations, taxes and “unpredictability surrounding legislative decision making.”

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Marc E. Fitch

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