NHDP - ICYMI: Concord Monitor On The Damaging Consequences Of Unpaid-For Tax Giveaways

GOP Speaker Shawn Jasper Sends Lawmakers On Vacation
Concord, N.H. – As New Hampshire Republicans continue to push for unpaid-for corporate tax giveaways that would blow a $90 million hole in future budgets, the Concord Monitor examines the damaging consequences of unpaid-for tax giveaways. 
The Monitor reported, “So how did the cuts work out for Kansas? Did Brownback’s predictions come true? They didn’t. The state found itself with a gaping deficit and with shortfalls as far as the eye could see. Lawmakers this session had to figure out how to plug a $400 million budget hole, and their session stretched to an epic 113 days.” And in order to preserve the business tax giveaways, “the Kansas legislature ended up increasing sales taxes to the second-highest rate in the country.”
The Monitor concluded that contrary to Republicans’ claims, if tax cuts for businesses “contribute to instability in state budgeting, such cuts could actually drive businesses away.”
While Governor Hassan continues to reiterate her willingness to return to work immediately to pass a balanced, compromise budget that is fiscally responsible and meets the needs of New Hampshire, GOP House Speaker Shawn Jasper sent members on vacation, telling lawmakers “there will be no legislative activity this month and no mileage payments for traveling to and from Concord.”