
Guest post by State Senator Jeb Bradley
Last week I titled my blog: Time to Talk Taxes. This week’s title is unfortunately: Time to Pay Taxes.
Just as easily it could be: New Spending = New Taxes = Job Losses.
The budget approved by the majority of the New Hampshire Senate proposes to increase total spending by $1.2 billion! That’s on top of a similar spending increase from the prior budget to the current budget of $1 billion. It’s noteworthy these precipitous spending increases coincide with one party political rule in Concord.
Efforts were made to trim this spending on the Senate Floor by Republicans. We proposed four separate amendments to make across the board cuts totaling 8.4%. These amendments, which I supported, would’ve eliminated the need to increase business taxes, hospitality taxes, and tobacco taxes. The fourth amendment would’ve cut state spending so that New Hampshire’s historic commitment to assist towns with Revenue Sharing is maintained. Revenue Sharing means $50 million to cities and towns which helps lower property taxes. Not surprisingly, all four of these amendments failed — largely on partisan votes — which means property taxes, business, hospitality, and tobacco taxes will all go up!
The proposed increase in business taxes is particularly disturbing. Not one Senator could defend it as either good or fair tax policy. Rather, those that voted to increase business taxes were of a mind that taxes had to be raised to enable new spending; even though those who voted for higher business taxes would likely acknowledge this tax hike will cost New Hampshire jobs.
These were not the only discouraging votes for those who want to see New Hampshire jumpstart its economy, keep the cost of government low, and ensure government accountability and educational opportunity for New Hampshire students.
Two amendments which I supported were presented to ensure that local voters could continue to adopt property tax caps in their cities and towns. A number of communities have, by a popular vote of their citizens, successfully implemented property tax caps. They are now threatened by lawsuits in court. These amendments to protect the local option to pursue a tax cap were defeated on straight partisan votes. Now property taxpayers are confronted by the grim reality that the courts in New Hampshire may be determining property taxes instead of local voters.
The Senate Finance Committee recommended capping the number of students that could enroll in charter schools. Charter schools, which receive public funding and which are part of our public school system, have proven to be very successful. They are allowed by their charter to be more creative and innovative than traditional public schools.
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