Erin Billups of YNN reports the recently passed State budget contains many new taxes on businesses and individuals across the state. These taxes include a lesser-known tax, the so-called “golden parachute” severance packages for out-of-state residents that has businesses crying foul.

As part of her report, she spoke with Business Council President Kenneth Adams who expressed his concerns about this and other taxes passed as part of the budget.

To see the video of from YNN click here.