Concord, NH - Today, a subcommittee of the House Ways and Means Committee held a public hearing on HB642 which seeks to establish a broad based income tax. The Committee Chairman, Rep. Susan Almy, stated at the outset that she personally supported an income tax, but that she was open to a thorough study of the issue.
Commenting on the hearing today was CPR-Action Executive Director, Kevin Smith:
"It is befuddling as to why this legislature continues to beat the drum for new tax revenue schemes, while conducting no examination of the demand side of government services. It's almost as if they are deliberately turning a blind eye to any suggestion of a thorough analysis of all state spending to determine where services should either be consolidated or reformed. Thirty-eight taxes and fees were increased in the current budget - the tax-payers in this state do not want another tax levied on them to pay for the legislature's reckless and irresponsible spending."
The House is also considering another income tax related bill, CACR1, a constitutional amendment which would establish that any funds raised from a state income tax be designated solely to education funding.