As the events of last week progressed, the Governor of Massachusetts finally decided to go with the flow, and the flow was definitely against implementing the tax on technology services provided by companies doing business within the Commonwealth.

Now the question becomes, will the Massachusetts Legislature take up the charge or will it take a referendum by the people? Already signatures are being collected to assure that the requisite numbers are obtained just in case the Legislature decides to take a wait and see attitude–something it is notorious for.

As a business lawyer, I watch entrepreneurs struggle each day to make their budgets work so that they can bring their service or product to market. This is certainly no small accomplishment in today’s economic times. And yet, the legislative process allows our elected officials to spend without regard to the same principles that govern responsible business practices. With the mere swipe of the pen, they create revenue and engage in spending programs that no prudent businessperson would ever undertake.

In the rough and tumble world of business, if companies overspend or fail to understand the economics of financial constraints, then the impact is not only unforgiving but generally immediate, and in most instances, will result in the insolvency or bankruptcy of that particular company.

Shouldn’t there be some consequences for legislatures who continue to under budget and over spend? Why then does the electorate repeatedly return these same people to office? In a Commonwealth where there is practically speaking only one party, and with impunity backs the incumbent, you have limited accountability.

Who then is to blame, the legislatures who fail to understand the rules of financial responsibility or the electorate who fails to respond?