
Former GOP Governor John Spellman: Raise Taxes
Support for a saner, more balanced approach for dealing with the growing state budget deficit—one that would include consideration of tax increases—is coming from some unlikely places. For instance: John Spellman, the last Republican governor of Washington State, appeared on TVW recently and pointed out that when he confronted a crushing revenue shortfall—a $1.6 billion deficit at a time when the entire budget was $6 billion—he implemented a large tax increase that ensured government continued to provide adequate levels of key services.
Watch the video here (clip starts at 38:47).
As I argued earlier this week, spending—not cutting—is the way to deal with the shattered economy.
Josh reported yesterday that legislators in Olympia are mulling over sending a spending package to voters.
