Republican Controlled House Passes Constitutional Amendment That Will Have Devastating Effects on NH’s Entire Tax System and Downshifts to Municipalities
CONCORD, NEW HAMPSHIRE – Representative Susan Almy, Democratic Policy Leader on the House Ways & Means Committee, and Representative Stephen Shurtleff, Assistant Deputy Democratic Leader, issued the following statements on the passage of CACR 13, a constitutional amendment that will have devastating effects on New Hampshire’s entire tax system.
“This constitutional amendment will freeze our entire tax system with devastating consequences to the state’s economy and government. This constitutional amendment is not about an income tax – it IS an amendment to kill any growth in our depressed state revenues,” stated Representative Almy. “It guarantees ever-increasing property taxes, vanishing businesses, and lost jobs. It guarantees downshifting to our local communities. Republicans have said that they are business friendly. However, their votes today show otherwise.”
“CACR 13 will have a devastating effect on New Hampshire’s economy,” stated Representative Stephen Shurtleff. “Many of our retired citizens are living on a fixed income and are already crushed by their local property taxes. This constitutional amendment will not provide relief but will devastate them even more.”