Senator Steven Oroho (R-24) commented after voting against the Democrats’ proposed state budget for FY 2016 and supporting legislation that would increase state income and business taxes:
“Today, I voted against the FY ’16 budget and its tax increases for small businesses, job providers and those already paying the most, as these taxes repeat the mistakes of the past. These job-killing tax increases will repeat what happened in 2004 when taxes on top earners and businesses were raised and over the next years tens of billions of dollars in capital and taxable income that could have been used to fund schools, healthcare or the pension system left the state.
“If this state is going to be able to meet its commitments we will need to have a thriving economy. This will happen, not by raising taxes, but by attracting capital investment and making the state more competitive for businesses and employment.”