N.H. Democrats contemplate reversing business tax cuts
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A Democratic proposal to reverse two years of business tax cuts became a partisan fixation Wednesday morning as Democrats and Republicans squared off over how best to attract businesses and fund state services.
At a hearing before the House Ways and Means Committee, chairwoman Susan Almy submitted legislation that would bring the business profits tax back to 8.5 percent – the level before a cascade of cuts set in the prior biennium.