SMALL BUSINESS IN VERMONT KNOWS ALL TOO WELL WHAT A NIGHTMARE UNFUNDED MANDATES CREATE

Date: January 12, 2016

SMALL BUSINESS IN VERMONT KNOWS ALL TOO WELL WHAT A NIGHTMARE UNFUNDED MANDATES CREATE

MONTPELIER, VT (January 12, 2016) –  Vermont knows far too well what can
go wrong when you pitch an expensive new entitlement program without mentioning
how you’ll pay for it. Today the National Federation of Independent Business
(NFIB) is suggesting that Secretary of State Hillary Clinton talk to Governor
Peter Shumlin about the consequences of short sighted proposals.

“Small business in Vermont has suffered tremendously thanks to lawmakers
attempting to be generous with other people’s money,” said NFIB Vermont
Representative, Kris Jolin.  “You cannot propose sweeping changes that
include expensive mandates without having a clue as to how to fund the
proposals.”

Jolin is referring to Shumlin’s experience in Vermont where he won election by
promising to build the country’s first single-payer health care system under
the Affordable Care Act. When it was forced through the legislature without a
funding mechanism it quickly became apparent that such a measure would
essentially double the taxes paid by Vermonters and Shumlin was force to repeal
the very centerpiece of his campaign.  Unfortunately the Clinton campaign
last week appeared to be following Shumlin down the same rabbit hole when it
was announced that, if elected President, her administration would provide
every worker in the country 12 weeks of paid leave<http://www.wsj.com/articles/clinton-offers-new-details-about-paid-family-leave-plan-1452212973>.

The campaign claims that her plan is modeled after similar legislation in
Congress except that it won’t rely on a payroll tax (which the legislation
does) and that it won’t impose new taxes on employers.

“Vermont small businesses are craving stability and consistency after what they
experienced with the healthcare exchange. This type of benefit may be well
intended on some level but the bottom line is that not every business can
afford to offer paid time off and those that can, already do,” continued Jolin,
“The last thing we need is another unfunded mandate that will leave small
businesses questioning whether or not it’s even worth it to remain in
operation.”

Related Content: Small Business News | Economy | Vermont

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