Wednesday, February 25, 2009

Kinder Opposed to Stimulus Unemployment Changes

"We Will Not Raise Taxes"
Lt. Governor Peter Kinder said he opposes changes to unemployment compensation laws mandated by the federal stimulus package.
"I am deeply troubled by law changes proposed in the American Recovery Act," Kinder said in a news conference with Sen. Charlie Shields and Rep. Ron Richard Wednesday morning. "The unemployment compensation fund was created as a safety net, not a way of life. This plan would create an unnecessary burden on businesses and Missourians who have lost their job by no fault of their own," Kinder added.
Kinder said the law stipulates that states should extend benefit periods beyond normal terms and open up unemployment benefits to people not eligible under current law.

"The bottom line is that over time, this proposal would result in new taxes for Missouri small businesses," Kinder said. "Over one month ago, I delivered my parties response to the State of the State address. I said then, and will say again; that no matter what you want to call it or how you want to say it, we will not raise taxes."

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