CONCORD, NH – House Ways and Means Chairman John Janigian (R-Salem) issued the following statement after House Republicans blocked Democrats’ efforts to raise taxes and impose an income tax.
“House Republicans proudly slammed the door on the Democrats’ despicable attempt to raise your taxes by $711.8 million dollars. Not only would this assault on the New Hampshire Advantage reinstitute the Interest and Dividends income tax, it would have also raised taxes on meals, rooms, and small businesses that are the lifeblood of the Granite State economy,” said Janigian.
“This is the fourth time in just three years that Republicans have killed an income tax from the Democrats. Let me be crystal clear: under Republican leadership, New Hampshire will remain income tax free. I am proud to stand with my Republican colleagues to protect the New Hampshire Advantage from tax and spend Democrats.”
Background:
HB 503, an act amending how revenues from taxes are allocated to the education trust fund, was voted Inexpedient to Legislate by the House of Representatives.
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