Republicans Announce Plans to Increase Property Taxes
Contact Name: Marina Altschiller, Michael O’Brien
Phone: (603) 271-3479, (603) 271-0515
CONCORD - Immediately upon reelection, Governor Sununu announced his focus for the next two years - cutting financial support to New Hampshire cities and towns by changing the rooms and meals tax formula.
House Finance Chair Mary Jane Wallner (D-Concord) and Senate Finance Chair Lou D’Allesandro (D-Manchester), released the following statement about the disastrous proposal:
“Less than a week after the election, Republicans have made their priorities clear - businesses over people. In 2020, New Hampshire cities and towns received $68,805,057 from the rooms and meals tax - funding that is desperately needed for our communities as we look ahead to a revenue shortfall of at least $200 million. Without the rooms and meals tax, who is left to pick up the tab? New Hampshire property tax payers. In the midst of an economic recession, Chris Sununu, Chuck Morse, and Dick Hinch are setting the stage to give more handouts to big businesses while heaping the financial burden on the backs of already strapped homeowners and renters as well as hurting the very industries they claim to be helping through reduced commission. As our restaurants and hospitality industry struggle to remain open, now is not the time to decrease their share. New Hampshire deserves better.”
###