CONCORD, NH- House Republican Leader Dick Hinch (R-Merrimack) released the following statement in response to the House Ways and Means committee vote of 12-7 to recommend HB623 with an amendment that repeals future business tax rate reductions, and keeps the Business Profits Tax and Business Enterprise Tax at their current rates.
“NH businesses were promised a path towards real tax relief. Democrats are not upholding their end of the bargain and are hell bent on destroying the major strides Republicans have made the past 2 years,” Hinch said. “Business will have no faith in predictability of NH legislature to protect them long term. Why should businesses relocate to NH when we continually move the goal post to fit the flavor of the day?”