MSNBC’s Morning Joe panel slammed Connecticut and its Democratic Gov. Dannel Malloy on Friday for a new tax increase that hurts businesses in the state.
Host Joe Scarborough called it "insane."
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"You cannot fundamentally, arithmetically, have a situation where you’re forcing businesses to leave. You’re going to go out of business as a state and as a governor you won’t get reelected," contributor Donny Deutsch said.
GE has historic roots in Connecticut but CEO Jeff Immelt emailed employees saying that the company was looking to move to a state that had a more pro-business environment.
The state legislature approved a $40 billion budget Wednesday, which raised taxes by $2 billion over two years.
Connecticut has been continually ranked last in job creation and growth since 2008, and is currently ranked as the nation’s third-highest state and local tax burden. It is also one of only a few states currently dwindling in population.
During Malloy’s campaign for reelection in 2014, he promised not to raise taxes and that there would not be a budget deficit.
"I don’t think that there will be a budget deficit and I pledge that there won’t be one. And I have also pledged that there will not be a tax increase," said Malloy during his reelection campaign.
In another speech Malloy walked back his claims that he never took a pledge to raise taxes.