NH Outlook Talk Show , Friday, 10/23/2009
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Return to index of stories... 		Bite: Disk 1 09:21:20 it would be a shame to see an income tax or a sales tax instituted.
TRACK: National and local tax experts agree to disagree.
OR: National and local tax experts agree to disagree about our tax structure.
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Return to index of stories... 		Think our current tax system has problems? Try changing it.
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Return to index of stories... 		Bite: Disk 2 10;58:55 Will the current structure get us to where we want to go? I don't think so.
TRACK: National and local tax experts have lots of advice and little consensus on our tax structure. Also, our panel of state house reporters with the latest on the state layoffs and other stories
script iconHello/Intro
Return to index of stories... 		Hello. I'm Richard Ager. Welcome to NH Outlook. The legislature is not in session but you wouldn't know it from all teh activity at the Capital. This week, the House Ways and Means Committee- the ones in charge of raising money for the state- decided to go searching for answers witha controversial hearing on the state's tax structure.
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Return to index of stories... 		Track: It began with Committee chair Susan Almey's decision to hold an information session that would examine how the state currently funds its budget. The controversy arose when the committee asked for experts to testify on alternative revenue sources including a broad-based income or sales tax. Almey further irritated conservatives by ruling out any discussion of spending.
Bite: Disk 1 09:07:46 Because our committee's charge is revenues, we are asking our speakers to us about how the public's money is raised, not about the level or nature of the expenditures. That topic belongs to the Finance committee, public works committee, capital budget committee. 09;08;05
Track: With that, the hearings began with representatives from national organizations. Their testimony soon made plain what their recommendations would be.
Bite: Disk 1 09;16:40 What we find is quite shocking. The states without income taxes have 32% greater income growth than the states with the highest income taxes. They have 89% more jobs than the states with the highest income taxes.
Bite: Disk 1 09:21:12 Taking a look at the history of it, and the way that NH stuck out as a competitive brand over the years, it would be a shame to see an income tax or a sales tax instituted here and NH lose its competitive advantage.
Bite: Disk 1 09;37:08 And remember that research tells us that property taxes and consumptions taxes - sales taxes - are less harmful than an income tax. And at the end of the day, I would say that NH's goal should be like Walmart in a land of Neiman-Marcus. And that is to have everyday low taxes every day and allow the customers to come to you because you're the most competitive place to do business.
Track: There was much emphasis on making taxes business-friendly, though one national expert said that taxes must be fair to citizens as well as businesses.
Bite: Disk 1 9:52:57 Policy makers in NH should consider reforming the state's tax system to achieve greater balance, to ensure it reflects the full range of economic activity within the state, and to reduce the extent to which it imposes disproportionate responsibility on the families of those least able to meet those responsibilities.
Bite: Disk 1 09;54:00 The best option for you and your colleagues to achieve those three goals is to institute an income tax.
Track: Following the national experts, a number of prominent economists and business people took the stand.
Bite: Disk 2 10;58:55 Will the current structure get us to where we want to go? I don't think so.
Track: If anything, the exercise made it plain how difficult it can be to have a dispassionate discussion about a subject so many feel passionate about.
script iconConversation
Return to index of stories... 		AND JOINING ME IN THE POLITICAL LIBRARY AT THE STATE LIBRARY IN CONCORD ARE:
KEVIN LANDRIGAN OF THE NASHUA TELEGRAPH;
TOM FAHEY OF THE NEW HAMPSHIRE UNION-LEADER;
JOSH ROGERS OF NEW HAMPSHIRE PUBLIC RADIO;
AND JAMES PINDELL OF NHPOLITICALREPORT.COM
WELCOME ALL:
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Return to index of stories... 		That's all the time we have for this edition of NH Outlook. I'm Richard Ager, I'll see you next time.
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script iconKey: Business/ Industry
Return to index of stories... 		NEW HAMPSHIRE OUTLOOK Air Date/Time: 10/23/2009
HOST: Richard Ager Length: 25:04
National and local tax experts have lots of advice and little consensus on our tax structure. Also, our panel of state house reporters with the latest on the state layoffs and other stories. Hello. I'm Richard Ager. Welcome to NH Outlook. The legislature is not in session but you wouldn't know it from all teh activity at the Capital. This week, the House Ways and Means Committee- the ones in charge of raising money for the state- decided to go searching for answers witha controversial hearing on the state's tax structure.
PRODUCER/REPORTER: Richard Ager NAME OF PARTICIPANTS: Tom Fahey\NH Union Leader, Kevin Landrigan\Nashua Telegraph, Josh Rogers\NHPR, James Pindell\Political Reporter, NHPoliticalReport.com, Susan Almey\Chair, House Ways and Means Cmte., John Williams\American Legislative Exchange Council, Scott Hodge\The Tax Foundation, Jeff McLynch\Institute for Taxation and Economic Policy, Ross Gittell\Whittemore School of Business/UNH.
script iconKey: Community Politics / Goverment
Return to index of stories... 		NEW HAMPSHIRE OUTLOOK Air Date/Time: 10/23/2009
HOST: Richard Ager Length: 25:04
National and local tax experts have lots of advice and little consensus on our tax structure. Also, our panel of state house reporters with the latest on the state layoffs and other stories. Hello. I'm Richard Ager. Welcome to NH Outlook. The legislature is not in session but you wouldn't know it from all teh activity at the Capital. This week, the House Ways and Means Committee- the ones in charge of raising money for the state- decided to go searching for answers witha controversial hearing on the state's tax structure.
PRODUCER/REPORTER: Richard Ager NAME OF PARTICIPANTS: Tom Fahey\NH Union Leader, Kevin Landrigan\Nashua Telegraph, Josh Rogers\NHPR, James Pindell\Political Reporter, NHPoliticalReport.com, Susan Almey\Chair, House Ways and Means Cmte., John Williams\American Legislative Exchange Council, Scott Hodge\The Tax Foundation, Jeff McLynch\Institute for Taxation and Economic Policy, Ross Gittell\Whittemore School of Business/UNH.
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