Democrats diss Pledge: Is this a budget or a bank job?
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Next year’s gubernatorial election may be one of the rare times when the Democrats’ candidate doesn’t bother to take an anti-tax pledge he or she has no intention of keeping.
Put another way, given the example of the current Democratic-controlled Legislature, the next nominee for governor will have a lot of explaining to do should he or she pledge to veto a broadbased sales or income tax.
The Democrats now running the New Hampshire House have just passed a budget that is pure tax-and-spend, no bones about it. Some $400 million in new taxes are added, including a brand new capital gains tax and a disastrous reversal of promised business tax cuts.