May 31, 2009
Fosters
Higher taxes is no substitute for cuts in spending
“The Senate Finance Committee wants the Legislature to suspend the business enterprise tax credit. Why? Because members of the committee and others in the Senate and House are afraid to engage in common sense government — afraid to attack the $11.5 billion budget for 2010 and 2011 from the spending side. The lawmakers have turned to what they see as an easy escape from the budget woes created by runaway spending and overestimations of revenues.
Legislators — and Gov. John Lynch — are running away from reality. Lawmakers are heaping taxes on top of more taxes, while the governor is downshifting the cost of state government by denying cities and towns the aid they have historically received.”