{"id":974,"date":"2010-02-07T16:44:00","date_gmt":"2010-02-07T20:44:00","guid":{"rendered":"http:\/\/www.cnht.org\/news\/?p=974"},"modified":"2017-12-19T14:58:08","modified_gmt":"2017-12-19T19:58:08","slug":"government-to-cap-your-salary-hb-1607","status":"publish","type":"post","link":"https:\/\/www.cnht.org\/news\/2010\/02\/07\/government-to-cap-your-salary-hb-1607\/","title":{"rendered":"Government to Cap Your Salary (HB 1607)"},"content":{"rendered":"<p>UPDATE: The <a href=\"http:\/\/www.gencourt.state.nh.us\/house\/committees\/committeedetails.aspx?code=H28\" rel=\"noopener\" target=\"_blank\">House Ways and Means Committee<\/a> will hold a hearing on <a href=\"http:\/\/www.gencourt.state.nh.us\/legislation\/2010\/HB1607.html\" rel=\"noopener\" target=\"_blank\">HB 1607<\/a> on February 9, 2010 at 1:00 PM in the LOB Room 202.<\/p>\n<p>This hearing is open to the public and will take public input.<\/p>\n<p><strong>BACKGROUND: Small Business Owners, the NH legislature is about to determine YOUR ANNUAL COMPENSATION.<\/strong><\/p>\n<p>HB 1607 is the legislation that, if passed, will allow the legislature to determine how much compensation you, as a small business owner, can receive. If YOUR elected officials determine a business owner has compensated him\/herself over what is \u201cReasonable,\u201d you and your business will be required to restate your earnings, which will trigger a combined 13.5% new tax on both your small company and your personal income above the \u201cReasonable Compensation\u201d level.<\/p>\n<p>What ever happened to allowing business owners to work hard and determine his\/her own compensation? The tax and spend liberals don\u2019t like this notion because it reduces the amount of revenue the State can collect and spend.<\/p>\n<p>Your elected officials can determined that $50,000 in compensation is \u201cReasonable\u201d regardless of the size of your LLC or sole proprietorship.<\/p>\n<p>The only way to prevent this from being law is to contact the members of the House Ways and Means Committee. <a href=\"http:\/\/www.gencourt.state.nh.us\/house\/members\/wml.aspx\" rel=\"noopener\" target=\"_blank\">Click here to contact your representative.<\/a><\/p>\n<p>Below are the Members of the Ways and Means Committee. Please call YOUR Representative first. Also be sure to E-mail AND CALL all of the Committee members.<\/p>\n<p>Susan Almy (Chair), 266 Poverty Lane, Lebanon, NH 03766 #4B<br \/>\n448-4769 susan.almy@comcast.net<\/p>\n<p>William Hatch (Vice), 79 Promenade St., Gorham, NH 03581<br \/>\n466-9491 hatchbill@hotmail.com<\/p>\n<p>Frank Davis 514 Buck St., Pembroke, NH 03275<br \/>\n483-9953 FPDavis@comcast.net<\/p>\n<p>Dennis Vachon PO Box 328, Northwood, NH 03261<br \/>\n664-9974 N\/A<\/p>\n<p>Gilman Shattuck 571 Center St.,Hillsborough, NH 03244<br \/>\n464-3850 g_shattuck@mcttelecom.com<\/p>\n<p>John Kelley 12 Skyline Drive, Nashua, NH 03062<br \/>\n880-4083 jkelley-nashua@comcast.net<\/p>\n<p>Ron Mack 21 Bittersweet Lane, Hancock, NH 03449<br \/>\n525-3650 r.mack2@rcn.com<\/p>\n<p>William Johnson 53 Pinecrest Dr., Gilford, NH 03249<br \/>\n524-8949 billjohn4@metrocast.net<\/p>\n<p>Susan Price 140 Wood Rd., Barrington, NH 03825<br \/>\n664-7826 susan.price@leg.state.nh.us<\/p>\n<p>Robert Walsh 114 Weston St., Manchester, NH 03104<br \/>\n622-1023 bob.walsh@leg.state.nh.us<\/p>\n<p>Norman Major 12 Kingston Rd., Plaistow, NH 03865<br \/>\n382-5429 nlbem@comcast.net<\/p>\n<p>Mary Griffin 4 Wynridge Rd., Windham, NH 03087<br \/>\n432-0959 N\/A<\/p>\n<p>Priscilla Lockwood P.O. Box, Canterbury, NH   03224<br \/>\n783-4349 priscillalockwood@verizon.net<\/p>\n<p>David Boutin 1465 Hooksett Road, Hooksett, NH   03106<br \/>\n#80 485-5153 dboutin1465@comcast.net<\/p>\n<p>David Bettencourt 12 Peggy Lane, Salem, NH   03079<br \/>\n898-4653 N\/A<\/p>\n<p>Russell Ober 3 Heritage Circle, Hudson, NH   03051<br \/>\n883-9654 thud007@hotmail.com<\/p>\n<p>Frank Sapareto 14 Oxbow Lane, Derry, NH   03038<br \/>\n894-7083 sapareto@comcast.net<\/p>\n<p>Jordan Ulery PO Box 15, Hudson, NH   03051<br \/>\n882-8979 jordan.ulery@leg.state.nh.us<\/p>\n<p>Joe Osgood 19 Whitcomb Lane, Claremont, NH   03743<br \/>\n543-0762 joejfcc@myfairpoint.net<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UPDATE: The House Ways and Means Committee will hold a hearing on HB 1607 on February 9, 2010 at 1:00 PM in the LOB Room 202. This hearing is open to the public and will take public input. BACKGROUND: Small Business Owners, the NH legislature is about to determine YOUR ANNUAL COMPENSATION. HB 1607 is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[11,20],"tags":[],"class_list":["post-974","post","type-post","status-publish","format-standard","hentry","category-legislation","category-property-rights"],"_links":{"self":[{"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/posts\/974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/comments?post=974"}],"version-history":[{"count":3,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/posts\/974\/revisions"}],"predecessor-version":[{"id":6838,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/posts\/974\/revisions\/6838"}],"wp:attachment":[{"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/media?parent=974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/categories?post=974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/tags?post=974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}