Politics & Government
Indiana Strikes Back: State Takes Swipe at CT
Indiana took out a full-page ad in the WSJ, lending its support to GE and others that have criticized the state's new taxes.

The state of Indiana has taken a swipe at Connecticut and Gov. Dannel P. Malloy, possibly in retaliation for Malloyβs strong criticism of that stateβs controversial Religious Freedom Restoration Act a few months ago.
Indiana took out a full-page ad in Wednesdayβs Wall Street Journal, lending its support to Fairfield-based GE, along with fellow Connecticut companies Aetna and Travelers that criticized the stateβs new business tax increases in the recently adopted budget.
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The ad states that Indiana offers its support to those companies in the wake of the looming tax increases βbecause friends donβt let friends pay higher taxes.β
General Electric CEO Jeff Immelt recently sent an email to the companyβs Connecticut employees, notifying them that he has βassembled an exploratory team to look into the companyβs options to relocate corporate HQ to another state with a more pro-business environment.β
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Update:
Indiana Governor Michael R. Pence sent a letter to Immelt, along with Aetnaβs Mark T. Bertolini and Jay S. Fishman of Travelers on Wednesday, personally inviting them to Indiana.
See the letter below the full-page ad.
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