I’ll be voting to re-elect Frank Guinta this year. He has been an independent and thoughtful voice for the good middle-class jobs this state desperately needs.
Question 1 could raise your taxes
To the editor:
Every household in New Hampshire that brings in $84,000 a year or less pays between at least 5.8 percent of its income on state taxes, fees and assessments, and some much more. But the top 1 percent, who earn over $474,000 annually, pay only 2 percent of their income in taxes. If constitutional amendment Question 1 is passed, there will be no way to rectify this discrepancy and in fact it will enhance this discrepancy over time.
I know we all just want this election hubbub to end. But there isn’t much talk about Question 1, and we can’t ignore it any longer. People who like Question 1 say this amendment means we will never have an income tax in New Hampshire. But if you read the amendment closely, it does not mention an “income tax.” Instead it prohibits the imposition of “any assessment, rate, or tax upon income.” They may sound the same, but I don’t think they are.
Every tax, fee, or assessment, no matter what it is called, is paid from your income. This amendment could prohibit any and all new taxes, fees or assessments. Now, I hate taxes as much as the next guy. But if the state legislature can’t come up with new ways to raise revenue they could downshift state expenses onto local property tax payers, which is what the current legislature did. If you are not sure what downshifting means, when you see your tax bill later this year, it will be crystal clear. Downshifting is when local property taxpayers have to pick up the bill for shortfalls in state funding. If this amendment passes and future legislators decide not to downshift, they could increase business taxes, which will chase businesses beyond our boarders and cripple our economy.
Vote “No” on Question 1.