Sen. Chuck Morse and Sen. Jeb Bradley: Crossing bright lines that harm New Hampshire
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In 2011 when we respectively became chair of the Senate Finance Committee and Senate majority leader, Republicans confronted an $800 million budget shortfall, 100 taxes and fees including the infamous LLC tax and taxing business owners’ salaries. We faced higher unemployment and an economy stuck in neutral. Difficult decisions had to be made and New Hampshire’s national competitiveness had to improve.
Eight short years later and with Governor Sununu’s able leadership, we have the third lowest unemployment rate in the nation, lowest poverty rate and among the highest per-capita income. Paychecks are growing and people are moving to New Hampshire. This fiscal year alone we have a revenue surplus of $202 million.