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Business review of state taxation likely at conference

HARTFORD, Conn. (AP) The dispute between Connecticut businesses and elected officials this year over tax increases will be on the agenda of a conference examining the state of the economy.

James Baxter, who heads U.S. development at Ridgefield-based Boehringer Ingelheim, is scheduled to deliver the keynote address Friday at the Connecticut Business and Industry Association's Connecticut Economy conference in Hartford.

The pharmaceutical company was among several businesses in June that criticized the state budget as relying too heavily on tax increases. Boehringer Ingelheim said the tax proposals were ``short-sighted'' and would stifle innovation.

Gov. Dannel P. Malloy and the legislature rolled back nearly $224 million of $1.5 billion in tax increases planned over two years.

CBIA is set to release the results of a survey that includes business reaction to the state budget.

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