To the editor:
The Interest and Dividends tax was established in 1923. From the second that we get our first jobs, we are told about the importance of saving money and setting aside funds for our eventual retirement. For over 100 years, the Interest and Dividends tax siphoned funds from our savings and funneled it into the pockets of the state government.
However, in 2021, as part of House Republicans' transformational symphony of reforms in our state budget, we rid our state of this stain on the New Hampshire Advantage and put the full phase-out of this income tax into motion. Of course, Democrats tried to perform CPR on the tax and filed multiple attempts to reinstate it, but House Republicans stood strong until this tax was placed six feet underground. And thanks to Republican leadership, the Interest and Dividends tax was fully laid to rest on January 1, 2025.
Democrats are already threatening to use their allies on schools boards to raise your taxes. However, I would like to turn your attention to one of the tools which Republicans have sent you to help contain the situation. With a 60% of a local vote, citizens can now impose a spending cap on school districts. Democrats unanimously opposed this, but Republicans fight to lower taxes wherever possible,
In Peace, Live Free and Prosper. In War, Live Free or Die‼️
Stay strong, posse-up and laugh often.
- Mac Kittredge,
NH State Representative (2019-22)
Selectman, Rochester Ward 5