Press Releases

 

Thursday
Aug282014

ALG's Daily Grind - America a rising manufacturing star? 

6

August 28, 2014

Permission to republish original opeds and cartoons granted.

America a rising manufacturing star?
Abundant natural gas makes the U.S. competitive again, study says.

Cartoon: "Believe in Climate Change"

Workers suffer when militarized police and Big Green get together
Why does the Forest Service need to be armed to the teeth?

Geraghty: Expanding Medicaid hurts GOP governors in presidential bid
Poll: "expanding Medicaid is phenomenally unpopular among Republican voters who intend to participate in the primaries or caucuses in [early vote] states [like New Hampshire, Iowa, and South Carolina], and that any aspiring president who did implement that change would face an uphill battle."

Thursday
Aug282014

Macdonald For NH Senate (D?) - Candidate says Combat Veterans suffer

To the Editor

            I am kind of a combat Veteran even though I personally never thought of my self as one.  I served during the Vietnam Conflict but my base camp was Uborn Thailand.  I did eight convoys as American advisor across Laos, Cambodia into the DMC; twenty-seven trucks and no one else spoke American.  I was TAD to posts in “Country” many times to repair gear or other and lived through what ever you call it as the Gooks attacked the wire.   I am (just by reference of many back here) a baby killer even though at 17 I looked 10 or 12 just them.  I was once, while on convoy taken by the enemy from a friendly village but it does not count because no one was there to witness it.  Then again there is no record of my convoys except the pictures that I took.  I was a young 17-year-old US Marine under orders not to tell anyone about my missions.  I have four disabilities service connected three being combat related.  The news media does not believe the voters should get the chance to read my letters to the editor telling them my goals as an elected official. 

            What I went through not “in country” but back here is why all my life my goal has been to help combat veterans returning.  My wife and I purchased eleven-acres of land and donated it to the Veteran Resort-Chapel non-profit registered in NH and we have a 501-c-3.  The town of Lee is trying to stop us because in their own words they do not believe “homeless combat veterans belong in their neighborhoods”.   I am running for NH State Senate do not the Voters have the right to hear my words.  What are we fighting for next stop is Vietnam.

            I am running for NH State Senate does the respectable citizens of NH really believe to censor my words it justified by the words Safety of the public.

            I may not be a combat Veteran but many Combat Veterans are suffering just because of situations like this.  www.veteranresortchapel.com

Peter Macdonald Sgt USMC Semper Fi

465 Packers falls Rd Lee NH 03824 603659-6217

Thursday
Aug282014

BostonGlobe.com Political Headlines - August 27, 2014 

The Boston Globe

 

 

 

 

Here are the top political headlines from BostonGlobe.com today:

   
  • Baker, Fisher debate the way forward: In a discussion Monday, the two Republican gubernatorial candidates laid out starkly different strategies for how to rebuild the party in Mass. Scot Lehigh details the latest.
 
Thursday
Aug282014

NH Senate Republicans - ICYMI: Sen. Bob Odell on Business Tax Reform 

 

 Concord Monitor Masthead.jpg

  

Why is Governor Hassan criticizing bipartisan tax reforms? 

August 27, 2014


By Sen. Bob Odell 

It’s puzzling to hear Governor Maggie Hassan claim that recent changes in New Hampshire’s business tax code are causing problems with the state budget. Not only were the reforms of the past few years approved with overwhelming bipartisan support, but they were fully accounted for in the budget.

During last year’s budget debate, Senate Republicans insisted on revenue projections more conservative than the Governor’s optimistic estimates. It’s a good thing we did. Fiscal Year 2014 revenues came in just $3.1 million higher than our forecast.

As I conclude my time as Chair of the Senate Ways and Means Committee, I’d like to review why Republicans and Democrats joined forces to reform New Hampshire’s businesses taxes to improve our economy, and why we shouldn’t reverse this progress.

 Exempting the Internet from the Communications Services Tax

 

Since 1998, Congress imposed a moratorium on new state and local taxes on Internet access. Despite this federal law, the New Hampshire Department of Revenue Administration began applying the Communications Services Tax to Internet access charges without Legislative approval.

In 2012, the Legislature corrected this bureaucratic overreach by passing HB 1418, which clarified that the Communications Services Tax does not apply to internet access. The Senate approved the bill 23-0, and the House passed it 244-46.

 

BET Threshold

 

HB 1418 also included a provision to provide tax relief to New Hampshire’s smallest businesses. By increasing the threshold for the Business Enterprise Tax and adjusting it for inflation, we insured that rising prices wouldn’t slowly force more and more small businesses into the BET. Avoiding “bracket creep” was a necessary and overdue reform to New Hampshire’s business tax code, and received wide bipartisan support.

 

Net Operating Loss Carryforward

 

One area where New Hampshire was losing ground to neighboring states was the ability of new business to write off their start-up losses against future profits, known as Net Operating Loss Carryforward. New Hampshire only allowed businesses to use $1 million in NOL to offset their first few profitable years, which was one of the very lowest in the nation.

In 2012, we approved HB 242, which increased NOL carryforward to $10 million. This encourages struggling start-ups just as they are taking off. The House approved the bill by a vote of 259-89, the Senate approved it unanimously, and Governor Lynch signed it into law.

 

Interest and Dividends Tax against Trusts

 

In 2012, the Legislature also updated the Interest and Dividends Tax. The tax had been applied when Trusts earned interest on their investments, even if no one in New Hampshire actually received any income that year. SB 326 amended the law so that the tax now applies when interest income is actually distributed to a beneficiary. The Senate voted 23-0 to override Governor Lynch’s veto of SB 326, and the House overrode him by a vote of 312-18.

Governor Hassan seeks to blame this small change for a $16 million large drop in I&D revenue last year, but Trusts only account for $5 million a year in revenues. The real source of the dip was the Fiscal Cliff standoff in Washington, which temporarily increased federal taxes on dividends. This discouraged companies to hand out dividends last year, cutting into New Hampshire I&D tax base.

 

R&D Tax Credit

 

Last year, I sponsored SB 1 to double the Research and Development Tax Credit and make it permanent. It passed the Senate unanimously and the House 342-7. Governor Hassan lauded the bill when she signed it into law.

All of these tax reforms were passed with broad, bipartisan support. The revenue impact of these reforms, if any, was factored into the revenue forecasts included in the FY 2014-15 budget that the Governor praised. So why now is Governor Hassan falsely claiming that these tax changes are causing problems with the budget?

The real problem facing the New Hampshire budget is spending. Revenue forecasts were right on target for FY 2014, which ended in June. But we still don’t know whether spending stayed within the budget. The Governor has been warning since May that state departments might exceed their authorized spending, but she has declined to share that data with the Legislature and the public.

If New Hampshire is facing a budget deficit, we need to see the spending data as soon as possible. We don’t need to reverse the bipartisan business tax reforms that this past Legislature has approved.

 

Sen. Bob Odell (R-New London) is Chair of the Senate Ways and Means Committee, and is retiring after six terms in the NH Senate.

Thursday
Aug282014

Guinta For Congress (CD1) - ICYMI: Union Leader Article on Guinta Candidacy  

The Union Leader Discusses Team Guinta's Focus on Shea-Porter,
the Economy, and ObamaCare

This morning, the Union Leader wrote a piece on Frank Guinta’s candidacy to replace Congresswoman Carol Shea-Porter. You can find the piece in its entirety HERE

Below are several quotes from the article:

“In Washington, there has to be an expectation that we live within our means, and that doesn’t exist right now,” Guinta said. “Without a strong economy, nothing else is going to work.”

“Guinta supports repealing the Affordable Care Act and replacing it with a market-based approach which, he says, will deliver more accountability and options for affordability.”

“Guinta said his experience and leadership position him well for the general election against Shea-Porter, whom he calls “inaccessible, ineffective and indifferent.”