Thu May 17, 2012
Income Tax Amendment Flies Through Senate
The state Senate has overwhelmingly passed a constitutional amendment to ban an income tax.
Lawmakers now must agree on the plan before it makes it to the ballot this fall.
Many Senate and House Republican leaders strongly favor prohibiting the state from collecting an income tax.
That’s why it’s likely the two sides will reach agreement on constitutional amendment language when they meet later this month.
Senate Majority Leader Jeb Bradley told his colleagues supporting this plan is noble and worthy.
“Our tax structure is critical to the New Hampshire that we know and love. And to the fact that as difficult as this Recession has been, has survived a very difficult economy.”
Bradley says if the amendment succeeds it will enshrine the so-called New Hampshire advantage.
A two-thirds majority is needed from voters to change the constitution.
A recent UNH poll found that 39% of people support such an amendment.