Taxes: April 2009 Archives

  New Hampshire Senate Republicans

                    News Release

FOR IMMEDIATE RELEASE                              Contact: Senator Peter Bragdon

April 15, 2009                                                                                    (603) 271 - 2675                                                                                           

Senate Republicans Applaud Efforts to Rein

in Excessive Taxes and Spending in NH

Concord, NH – Today Senate Minority Leader Peter Bragdon (R-Milford) released the following statement:

“On a day where Americans everywhere are protesting oppressive taxation by our federal government, we have a chance to push against that tide here in New Hampshire.  As we begin the budget process in the Senate, we have the opportunity to balance the state budget without doing so on the backs of hardworking families in the midst of a recession.  Republicans will be working to do just that.”

Background:

The state budget passed by the New Hampshire House and sent to the Senate contains the following taxes:

• NEW capital gains income tax
• NEW death tax
• NEW tax on gambling winnings
• Doubles the gas tax
• Increases the rooms and meals tax
• Increases the cigarette tax for the fourth time in 5 years
• Suspension of the insurance tax reduction