NH TAX RELIEF TAKES EFFECT DESPITE HASSAN BUDGET VETO

Concord – New Hampshire Republican State Committee Chairman Jennifer Horn today released the following statement regarding New Hampshire business tax rates being lowered at the beginning of 2016, despite Governor Hassan’s reckless budget veto and repeated attempts to block lowered tax rates:

“Granite State businesses can look forward to a better tax climate this year despite Governor Hassan’s repeated efforts to block tax relief with her reckless veto of the state budget. The governor’s spiteful refusal to promote New Hampshire’s lowered tax rates does the state’s economy and business reputation a significant disservice, and it is unfortunate that she would let past political differences undermine our state’s economic future. We congratulate the Legislature for their successful efforts to bring tax relief to hardworking Granite Staters and hope that the governor will work with the appropriate state agencies to begin competently promoting New Hampshire as an attractive location for job creation.”

BACKGROUND:

Union Leader: “New Hampshire Is Lowering Its Business Tax Rates For The First Time In A Generation…But Gov. Maggie Hassan Isn’t Happy About It.” “Tomorrow, New Hampshire is lowering its business tax rates for the first time in a generation…But Gov. Maggie Hassan isn’t happy about it.” (Editorial, “The silent tax cut: Hassan hush on business taxes,” Union Leader, 12/30/15)