Shat Bill (SB) 450 - Granite Grok

Shat Bill (SB) 450

SB 450, the omnibus, mix and match, fix and patch, how do we cover all that unnecessary spending democrats had to have, budgetpalooza bill, is up for a vote today.  But it poses an intentional problem for Republicans.  It would repeal the LLC tax, but while adding another boat load of taxes, fees, and if I’m not mistaken more bonding (which is borrowing, which is what Obama is doing and what Greece did before it turned into the post-fiscal, apocalyptic, pyrotechnic backdrop to another Die Hard Movie with a little Dawn of the Dead mixed in.) 

So how do you vote for this thing?  Think of it in terms of the liberal definition of “safe sex.” It’s not really safe.  There are risks.  You kill the LLC tax, but get pinged in press releases for voting for taxes.  If you vote for taxes, how bad can it be that democrats voted for taxes.  My suggestion–abstinence.  Don’t vote for it.  You’ll get AIDS.  (Accept Incompetent Democrat Spending).  Vote against it and then make them do it all again.  And again.  And again.  They added 25% we didn’t have, make them cut it.

SB 450’s nasty.  It’s got $51,000,000.00 (that’s million) in restructured debt.  That’s when you take debt you created with previous irresponsible spending or to make it look like you balanced a previous budget (just say, as an example) and offer to pay even more later than you would have owed if the budgetary leg breakers just let you pay less in this “election” year.  

There’s another loan sharking deal—someone has even called it a Ponzi scheme I believe–to the State University System for $25,000,000.00 million. 

It looks like we’re going to borrow $11,000,000.00 (more millions) in anticipated 2011 stimulus dollars) to plug another democrat spending hole. This is a former governor Jon Corzine/New Jersey Turnpike Toll style revenue scam, or as I like to call it a “can I pay you next Tuesday for an 11,000,000.00 million dollar cheeseburger today.”  It’s prostituting the state out to the feds on a promise of 11,000,000.00 they now know we have to have.  That’s what democrats call “leadership” by the way. 

And we get more taxes. 

Tobacco tax (all tobacco but not cigarettes, at least for now) 

Electricity generation tax—you pay more every month because their other scams don’t make energy expensive enough already.   And it makes a nice metaphor all its own.  They have no idea how to manage the state to let it generate fiscal power on its own so…tax actual power to make up for the reckless spending Lynch lacked the equipment to stop.

There are estate taxes, higher pet shop licensing fees, increased wedding license fees (regardless of gender—it’s only fair), Vital records fee increases, and whatever else is buried in there that I have not heard about yet.

So. 

It’s a big messy bill that raises taxes, plays three card Monte with debt, crams down more costs to the towns, (which are more taxes you have yet to see as a result of SB450) and still fails to resolve the two interrelated fundamental problems with the New Hampshire State budget—spending, and democrats.  ! 

So what’s a Republican to do?  They’ll ask to vote on these issues separately, Norelli willcackle and say no, and the dems will have to round up the RINO’s to get it passed.  And there are plenty of moderates willing to use the LLC tax repeal for cover.  But at the end of the vote they are still standing up for excessive spending and more taxes instead of responsible government and real leadership.  So take note.  SB450 is one for the record books.

Cross Posted at NH Insider

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