No New Taxes. Period.
As the General Assembly begins to consider the governor’s budget, Riborn hits the nail precisely under Marc’s post:
No increases. Nothing. No new taxes. No new fees. No fee increases. Cut spending. Cut muni employee salaries, benefits, increase their medical insurance %, increase pension contributions of every state and municipal employee.
It isn’t just that even one new item covered by a sales tax would open Pandora’s Box to ever more more more in future budgets, though that is true and important. It’s that what would be viewed as a “compromise” by some at the General Assembly – just implementing some of Governor Chafee’s tax increases – is not a compromise at all in light of Rhode Island’s current level of taxation: fifth highest state and local tax burden. A real compromise would be a lowering (BUT NO BROADENING) of the sales tax by addressing the real budget problem: the spending side of the ledger.
To quote Donna Perry quoting the hair salon owners,
Governor, on your tax plan idea, please just cut it out.