Last login: Friday, July 10, 2009
There are many things that need to be done to reform the system in the coming years, but let’s not forget about what should and should not be done now. In the rush to pass the budget, there are several proposals that will provide the state additional revenue this year by using fuzzy accounting or gimmicks. It’s perfectly clear that these proposals, like the three percent withholding on independent contractors, will leave the state in more debt down the road. Mortgaging the future to deal with today’s crisis is horribly shortsighted. The three percent withholding on independent contractors amounts to an interest-free loan for the government that falls on the backs of small business at its most grassroots level. The state needs proposals that get to the heart of the problem, not those that exacerbate it.
July 10, 2009 at 8:33 a.m.
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