Candidate Hinckley: Spending, Taxes Left RI Worst State for Business

Thursday, 12 Jul 2012 08:09 PM

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Republican Senate candidate Barry Hinckley on Thursday responded to CNBC's annual survey of the top states for business, which for the second year in a row, put Rhode Island dead last.

“The political choices we make have consequences,” said Hinckley, a Republican. “Decades of overspending, over-regulation, and over-taxation have led us to this unfortunate situation. It should be no surprise that unemployment in our Ocean State continues to hover around 11 percent — one of the worst jobless rates in the country.

“It is no coincidence that policies that are bad for business are also bad for jobs," added Hinckley, who is running against Democratic Sen. Sheldon Whitehouse in November. "Even more shocking is Sen. Whitehouse’s recent comments that he 'doesn't know a single small business in Rhode Island that is going to be made or broken by tax rates.'"

Hinckley claimed that Whitehouse "has taken the same bad policies that have destroyed Rhode Island's economy to Washington, D.C."

"He continues to support higher taxes, more regulation, and more spending. The results have been predictable: a high cost to do business in America, leading to more outsourcing and more Americans out of work."

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