New Hampshire Senate panel puts an end to tax on higher-wage earners
Click here to view this article at the source publication

Posted on 5/22/2019 by
Posted in

The New Hampshire Senate Finance Committee first tried to ignore a proposal to tax higher-income wage earners to provide property tax relief, and then unanimously rejected it Tuesday without debate.

The proposal, introduced by Sen. Jeanne Dietsch, D-Peterborough, as a last-minute amendment to a bill dealing with driving while using a cell phones, would have imposed a 6.2% payroll tax on income above the $132,900 Social Security tax cap, the same amount that workers pay below that threshold to the federal government.

« Back home