CONCORD – House Republican Leader Dick Hinch (R-Merrimack) issued a statement relative to the state revenue report for the month of April, which shows that business tax revenue exceeded estimates by $30 million for the month. Year-to-date business taxes are above plan by almost $180 million.
“Business tax revenues continue to contribute to our prospective state surplus. I think this demonstrates the success of common sense tax rate reductions. The economy is doing great in many parts of our state, and Republicans would like to encourage that to continue and spread. Let’s not screw it up. If we want to keep the fire burning, we shouldn’t be dousing it with anti-business legislation like we’ve seen from the Democrat majority this year.”