Monday, February 28, 2011

House GOP Opposes Democrat Plan to Raise Taxes

DENVER—Today, Senate Democrats unveiled plans to increase taxes on Colorado’s hard working families and employers during the current economic recession.

In response to the proposal released today, House Republican leadership released the following statements--

“Republicans do not believe we can tax our way out of this recession. Instead, we are focused on working with Gov. Hickenlooper to make the difficult decisions to ensure the state’s spending is in line with revenue.” –House Majority Leader Amy Stephens, R-Monument.

“The best way to increase revenue isn’t to raise taxes, but to allow Colorado Employers to create more jobs. With close to 9 percent of Coloradans unemployed, the last thing the legislature should do is scare potential businesses away from the state with a new round of tax increases.”— Rep. Jon Becker, R-Ft. Morgan, Joint Budget Committee Member

“Colorado’s hardworking families and employers are struggling to balance their spending with revenues. Asking them to give government another $1.63 billion ignores economic reality.” –Rep. Brian DelGrosso, R-Loveland, House Finance Committee Chair

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