I know… New Hampshire Democrats were losing sleep in hopes of some politically-beneficial revenue numbers, and guess what? They were politically beneficial….To TEA Party Republicans.
The Union Leader is reporting that New Hampshire state revenues were slightly above estimates in July, with solid performances that suggest we are budgeting wisely so that the working families and small business owners in New Hampshire can continuing to drag us out of the economic quick sand in which Democrat tax and spend polices have had us trapped.
So How well did the TEA Party Republicans manage your money for July 2012?
A few highlights from the Article by Gary Rano…
- Business taxes returned $17.9 million, $2.7 million than budget writers anticipated and $2.8 million more than a year ago.
- The rooms and meals tax produced $23.3 million in July, $2.4 million ahead of plan and $2.2 million more than a year ago.
- The Department of Revenue Administration attributed the good results to an improved economy and good weather in June.
- The tobacco tax was slightly ahead of target, producing $19.2 million in July, while liquor revenue also was about what was anticipated, returning $12.1 million. Also, the communications tax was on target returning $7.2 million for the month.
- The real estate transfer tax is beginning to rebound after years of dismal returns. In July, the tax produced $8.5 million, 13.3 percent ahead of estimates and about $1 million more than a year ago.
- Below estimates for the month were the securities, utility consumption, beer and gaming taxes. The only levy to produce less than it did a year ago was the beer tax, down $100,000 on returns of $1.3 million.
Numbers coming in slightly above plan. The tax base building slowly without new taxes and fees. None of that constant left-wing fiscal crisis. (No 800 million dollar deficits.) Just another great reason to make sure Republicans continue as the responsible stewards of your tax dollars. Yeah, Democrats will hate this so it must be a good thing.
note: 8:45 fixed a few typos.
