Some supporters of the Legislature’s 2020-2021 budget are making inaccurate claims about its business tax provisions. 1. They claim that the budget’s tax increases apply only to rate reductions that are scheduled to take place in the future, and not to current-year tax rates. 2. They claim that the existing business tax rates and the […]
The legislative budget finalized on Wednesday and Thursday exposes most New Hampshire businesses to a retroactive tax increase, Department of Revenue Administration data show. The Committee of Conference budget raises the rates at which employers in New Hampshire have been taxed since January 1. Because it applies to taxes already paid, it would force thousands […]
The budgets passed by the New Hampshire House and Senate propose significant spending increases that are unsustainable without tax increases. Unsurprisingly, both contain large tax increases to cover the costs of their higher spending. By contrast, Gov. Chris Sununu’s budget keeps spending to levels that are sustainable without raising taxes. A Josiah Bartlett Center comparison […]
For years, legislators have been on a relentless quest to raise electricity rates for Granite Staters. Because unlike the rest of us, they are geniuses. None of us knows exactly what New Hampshire’s energy mix should be. None of us could say precisely how much of the state’s energy should come from solar or biomass. […]
The Senate this week joined the House passing tax increases on New Hampshire businesses. Some reports give the impression that the House and Senate budgets would not raise taxes, but would repeal future tax cuts. Here we explain why that is not correct and the budgets raise business taxes, including the rates that businesses will […]
Just as New Hampshire begins monitoring its Medicaid work requirements this month, legislators consider a bill to kill those requirements. Often cited as a justification for eliminating the work requirements is Arkansas’ experience in 2018. That year, 18,164 Arkansas Medicaid enrollees lost coverage after the state enacted work requirements. But a closer look at the […]
To protect minorities from hiring discrimination, state lawmakers just passed legislation shown in academic studies to reduce the odds that minority applicants are hired. Hello, law of unintended consequences. It’s recently become a progressive article of faith that employer credit history checks must be discriminatory in their effect if not their intent because minorities tend […]
SUMMARY: To promote taxpayer funding of a quarter-billion dollar commuter rail project, supporters last week touted a single poll question, without context, that appeared to show strong public support for commuter rail. It’s a tactic rail enthusiasts have repeated for years. Journalists, lawmakers and the public should be skeptical of such PR campaigns. This brief […]
In an extraordinary show of party discipline, Senate Majority Leader Dan Feltes and Finance Committee Chairman Lou D’Alessandro leapt into action Tuesday to quickly smother a political hand grenade tossed by freshman Sen. Jeanne Dietsch, D-Peterborough. They smothered it the old fashioned way — by throwing Sen. Dietsch on top of it. Sen. Dietsch committed […]
After the U.S. Supreme Court ruled last June in South Dakota v. Wayfair that states could collect sales taxes from out-of-state remote sellers, New Hampshire lawmakers chose not to act. Other states did not make the same mistake. Eleven months after the Wayfair decision, the number of states with laws requiring out-of-state businesses to collect […]