This, she argued, could discourage start-up companies from getting into the business and would dilute competition.
Advertising is taxed, discouraging companies that want to launch new products.
Republicans complained that the added tax burden would discourage companies from expanding or moving to California.
She added that increasing the minimum wage discouraged small companies from hiring young people.
Still, he added, "I think investors have so much information that they can discern this very quickly and discourage companies from doing anything."
Reduced demand will discourage companies from adding domestic manufacturing capacity now while they are strong.
Both Governors indicated they were concerned that the higher taxes would discourage companies from locating in their states.
A rate cut, they added, would discourage new companies from entering the deregulated local telephone market, something the state has been trying to foster.
However, higher interest rates discourage American companies and consumers from borrowing to buy goods.
The high cost of hiring and firing workers discourages companies from doing either.