CONCORD – Today Governor John Lynch went before the House Finance Committee and proposed new ways to raise revenue to close the budget deficit, including raising taxes on tobacco, introducing a new tax on poker winnings, and imposing additional costs on businesses that sell alcohol.
“Governor Lynch has a spending problem not a revenue problem,” said Fergus Cullen, Chairman of the New Hampshire Republican Party. “The Lynch budget deficit was created by Lynch and the Democratic leadership increasing spending by 17.5%, not declining revenues or the national economy.”
“Had Governor Lynch shown some political courage and leadership last year by reigning in spending,we would not be in this mess. Though given his record of tax increases, it’s no surprise he’s passing the costs of his runaway spending along to New Hampshire taxpayers and businesses.”
Today’s increases come on top of previous Lynch tax hikes, including raising highway tolls twice (with more increases on the way), raising tobacco taxes twice previously, and increasing the fee on car registrations.
Chairman, New Hampshire Republican Party
10 Water Street
Concord , NH 03301