Have You Seen Their Plan?
Posted by Andy on March 19th, 2008
The DFL can’t seem to find any plan to fix their budget deficit. Yes, it is their budget deficit, and it would be even larger had someone not at least put the brakes on their spending spree train last year. Of course we can see the beginning signs of the DFL plan for the budget. Surprise surprise, it includes punishing businesses.
She [Rep. Ann Lenczewski, DFL-Bloomington] said overall, her tax bill would generate about $100 million in revenue to the state.
Raising revenue to the state means there is less money in the hands of businesses to employ workers which means there is less in the wallets of employees to spend in the economy…..
Business leaders also raised concerns about the bill. Jill Larson, with the Minnesota Business Partnership, said at first glance, the bill would discourage businesses from investing in Minnesota. She said cutting tax breaks for research and development and removing other tax breaks would discourage employers from doing business in Minnesota.
“I don’t think it does anything to help grow jobs, and I think everybody’s focus right now is on growing jobs, improving the economy and our concern is that those provisions don’t necessarily get us there,” she said.
Then again it is pretty clear the DFLers don’t really care about real jobs or the economy. They only care about the state’s bottom line.
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March 19th, 2008 at 9:16 am
Typical DFL imperial lunacy. They firmly believe that they can raise taxes on an activity and that people will just blithely pay that new tax, rather than finding some other activity, or stopping what is being taxed. In short, when the DFL says they’re going to raise $100 million, you can count on the actual figure being far less. We aren’t nearly as stupid as they think we are– as they KNOW we are. Unfortunately, the only way to convince them is to quit voting for them. PLEASE strike a blow for mental health and put these people away from the Capitol.