“It should come as no surprise to anyone that taxing the state’s innovation economy is a bad idea. As far back as January, when the Governor proposed his version of the Fiscal Year 2014 state budget, Republican legislators have been warning that the new tax would seriously undermine the state’s competitiveness.
The new tax on computer software
services was a bad idea when it was first proposed, and it’s a bad idea
now. We have opposed it consistently
from day one, offering multiple amendments to eliminate or replace it, arguing
at length during the transportation finance debate about its dire consequences,
and we will be unyielding in our efforts to repeal it. Putting a new tax on the innovation economy
is no way to recover from a recession.”
