Concord, NH - NHGOP Chairman Wayne MacDonald released the follow statement regarding House Bill 623, which would raise the state’s Business Profits Tax (BPT) from its current 7.7% to 8.5%, and back to being the highest business tax rate in New England. The bill was heard in the House Ways & Means Committee today.
“Since Republicans began reducing business taxes in 2015, our economy has seen explosive growth and state revenues have soared. That’s because responsible management of the budget and a business-friendly environment have made us the fastest growing economy in the Northeast. However, Democrats want to strangle the goose that laid the golden egg with a massive tax hike on the same businesses that are growing our economy and allow huge numbers of Granite Staters to find work.”
“This huge tax hike would move New Hampshire back to having the dubious distinction of having the highest business tax rates in New England and undercut our economic growth. Instead of trying to find ways to punish our businesses, Democrats need to follow the success of Governor Sununu that has delivered a booming economy for New Hampshire.”
Concord, NH - NHGOP Chairman Wayne MacDonald released the following statement on the two year anniversary of President Trump's inauguration:
“Two years ago, President Donald Trump was inaugurated as our 45th President, ushering in a new era for the United States. By putting America First, President Trump has enacted historic tax reform, confirmed 85 conservative judges to the federal judiciary, including two conservative Supreme Court Associate Justices. Under President Trump’s leadership, America has reached new heights securing new trade deals and a renewed sense of patriotism. With record low unemployment and booming GDP growth, our economy is soaring. The first two years of President Trump’s administration have made our nation great, and the next six years of the Trump presidency will keep America great.”
Concord, NH - NHGOP Chairman Wayne MacDonald released the following statement regarding the Pelosi-Schumer Shutdown:
“Make no mistake - this federal government shutdown began due to Democrat obstruction and continues due to Democrat desire to please the resist movement. Senator Shaheen, Senator Hassan, Representative Kuster, and Representative Pappas are posturing for their base while our border remains porous as a new caravan approaches."
"Speaker Pelosi, Senator Schumer, and other Democrat leaders have declined negotiation meeting invitations with the President, enabled by New Hampshire’s flailing federal delegation. With the knowledge that Speaker Pelosi was planning on a week-long trip out of the country, it’s clear to see which party is extending the shutdown for their own selfish interests.”