New Hampshire Republicans and fiscal conservative groups held a mock funeral, complete with a casket, to mark the expiration of the state’s tax on interest and dividends, NH Journal reported. House Majority Leader Jason Osborne celebrated the occasion while Democrats decried the lost revenue.
New Hampshire Republicans joined fiscal conservative groups Monday for a mock funeral marking the end of the state’s last remaining income tax, an event that even included a casket marked ‘RIP I and D Tax.”
NH Journal
Speaker Sherm Packard marked the milestone, NH Journal reported.
On Wednesday, New Hampshire truly becomes income tax-free,
NH Journal
In fact, on Wednesday the Granite State will become one of only two states, along with Alaska, which no longer has an income or a sales tax.
NH Journal
Osborne offered his own farewell, cited here to Jason Osborne.
I think this is my favorite funeral that I’ve ever been to. I want to thank everyone for gathering together with us to celebrate the slaying and burial of the interest and dividends income tax,
Jason Osborne
Democrats objected to the end of the tax and its revenue, NH Journal reported.
House Democratic Leader Alexis Simpson framed the moment differently, NH Journal reported.
While regular people struggle with rising costs in housing, child care, health care, groceries and basics, we should not be celebrating tax policies that only benefit the wealthiest,
NH Journal
Read the full story at NH Journal.
