Monday, March 22, 2010

Tax increases built on "faith" and "hope"

As the special session enters day 8, agreement on how to raise $800 million in taxes for their budget plan remains elusive for majority Democrats. Despite calls to refocus on spending reforms instead to balance the budget discussion has focused almost exclusively on tax increases since the special session began. One tax increase already on its way to approval by the Legislature is a bed tax on hospitals. Here is one interesting floor speech on HB 2956 (bed tax) from last Friday that described the tax increase as one built on faith and hope . . . READ MORE


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