Monday, April 25, 2011

House Minority Leader’s Statement on Defeat of Income Tax Rollback

BOSTON—House Minority Leader Bradley H. Jones, Jr. issued the following statement today in response to the defeat of the proposed income tax rollback amendment:

I am disappointed that Beacon Hill Democrats have yet again chosen to ignore the voice of the taxpayer. As proposed, the Income Tax Rollback would have rolled back the income tax to 5% over the course of 3 years, from the current 5.3%. With its defeat, we have forgone the opportunity of stimulating the state’s economy with the anticipated savings from the rollback. Instead of putting the money into the pockets of the taxpayer, the Democratic led House has chosen to keep this money and spend it. Once again, we don’t have a revenue problem, we have a spending problem.