According to this article in the Union Leader, “A legislative committee studying an income tax bill was told yesterday it should consider a sales tax instead.”
The hearing was intended to be a formal briefing by UNH Economics Professor Ross Gittell on HB 642 but many interested taxpayers attended.
Instead of heeding the warnings about reduced revenue and then adjusting spending accordingly, these Democrats are willing to destroy NH’s economy even further with more taxation.
Yesterday, various opinion pieces pooh-poohed the idea that this committee was pushing for an income tax, but the extreme left of the party seems to be having more influence on the issue than they should.
After raising or creating 41 news taxes and fees, you’d think they’d be satisfied.
Reported in the article Almy admits she is an income tax supporter. She said “we are not following my personal agenda. I am an income tax supporter, but I could change that if I saw it would have enough negative impact that I thought we shouldn’t do it.”
The article went on to say that “New Hampshire and Alaska are the only two states with neither a sales or an income tax. Gov. John Lynch has pledged to veto either of the broadbase tax measures if it gets to his desk.”
Interesting when you consider these are the two states with the lowest tax burden and yet, they are two that have weathered the economic downturn far better than many of the other states.
It is interesting to note that Almy, a retiree, donated $63,000 to liberal causes in 2008.
CNHT agrees that committees should instead be looking at way to decrease state spending, not looking for ways to increase taxation.
As for whether we think promises made by our Governor John Lynch to vetoe any broadbased taxes will be kept, well, what can we say…the jury is still out.