While Democrats whine about tax cuts for the rich and lowering local tax burdens, New Hampshire Republicans cut business and rooms and meals taxes and raised revenues. Again.
This is a trend the Dems have been trying to undermine for years.
A scheduled reduction in business taxes has consistently produced more tax revenue for the state, so they lowered the state’s rooms and meals tax in the last budget. The 9% to 8.5% change resulted in revenue above projections—more tax revenue from another lower tax.
While NH Democrats are pissing in the wind, the Republicans also raised revenue-sharing with local governments to help them lower property taxes. Their budget lowered taxes raised revenues and gave more money back to towns and cities.
This was a rare but brilliant move. Democrats have been running on lowering local taxes (by centralizing them at the state level), a bait and switch that would raise inevitably the total tax burden and take local control of education spending away from districts and parents.
The power grab is no secret, though you’d be hard-pressed to find a sober Democrat who would admit to it. You also can’t get them to stop kicking this dead donkey.
Democrats argued the spending package ignored the state’s neediest populations while including tax cuts that will help wealthy citizens and corporations.
Lowering the tax cost on meals ignores the state’s neediest population? I don’t think so. Nor does letting their employers keep more of what they earn. Lord knows they’ll do more for their employees than any Democrat run-government ever would. Heck, Dems want them all on welfare or some other subsistence they manage) and beholden to them, and higher taxes.
Of course, Republican budgets sending more money to towns is no guarantee they’ll use it for property tax relief. In fact, Dem run municipalities won’t and I’d bet money on that.
But Team Red did it, so, this just pisses them off.
Year-to-date meals and rental tax collections were up by 39.2% over initial estimates in November, according to the state Department of Administrative Services’ latest monthly revenue report.
Collectively, meals and rental taxes for November were $28.4 million, which was about $8 million above projections and $100,000 lower than the previous year.
Overall, New Hampshire’s tax receipts for November totalled $131.9 million, which is about $27 million above the projections for the state’s two-year budget.
This keeps happening quarter after quarter – even when the Dems tank the economy, jack up inflation, and wreck the supply chain – and it’s damn near the only thing aside from gun rights that Sununu has managed to get right.
And while He (Gov. Sununu) is not Challenging Maggie Hassan for the US Senate in 2022, could he get someone in his cabal of deep-pocketed yahoos to fisk fund a heavily aired rebuttal to Maggie Hassan’s latest Build Back Better commercial?
It is by far one of the most dishonest, misleading piles of partisan political crap I’ve ever seen – and she approved that message.
And while you’re at it, Don Bolduc is the right guy, and if you all got behind him (checkbooks included), you could sweep Hassan out of office in what would be a mammoth wave election for Republicans.
Yeah, we’re impressed with the tax cuts. Still, the way Washington is spending money that doesn’t even exist, these little cuts won’t make much difference unless you are inclined to cut a few Fiscal Federal leashes, and to do that, we need to get some people with a backbone in elected office.
That list is short from where I sit, and as far as I can tell, you’re not interested in anyone who has one.
That needs to change, or none of this crap will matter.
