13th
April
2007
House budget disappoints
Posted by Margaret on April 13, 2007
posted in Money Matters |
It’s disappointing that the House ducked the chance to break the budget status quo. It sounds good to say they don’t support any new taxes, but in reality they are supporting ingrained Corporate interests to the detriment of the Commonwealth. Closing tax loopholes for huge, multi-state corporations is hardly what the average citizen would call ‘raising taxes’ and as for the optional hotel/meals tax, it would give municipalities a chance and a choice to ease their own budgetary woes with a revenue source that is not dependent on property taxes. Even ‘tax-free’ New Hampshire has a hotel/meals tax (8%) and it’s not optional.