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Home arrow Resources arrow Small Business News arrow 2007 Session Review: Apprehension About Higher Taxes Derail Big Government Expansion Efforts in...
2007 Session Review: Apprehension About Higher Taxes Derail Big Government Expansion Efforts in...
Written by NFIB.COM   
Tuesday, 18 December 2007
The Rendell administration's efforts this session to expand government programs and continue massive borrowing were dealt a setback as state lawmakers rejected a series of tax increases to pay for them. In all, lawmakers rejected seven tax increases proposed by the governor to pay for nearly $2 billion in new spending -- despite a record surplus. Lawmakers cautioned the proposed tax levies would lead to millions of dollars in direct and indirect costs to small employers and jeopardize jobs.
Read more at: http://www.nfib.com/object/IO_35577.html.
Last Updated ( Wednesday, 02 January 2008 )
 
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