GOP Candidates in New Hampshire Celebrate Potential Tax Hike on Granite State Working Families
http://nhlabornews.com/2014/07/gop-candidates-in-new-hampshire-celebrate-potential-tax-hike-on-granite-state-working-families/
Scott Brown, Frank Guinta, Andrew Hemingway, Bill OBrien celebrate court ruling that would raise taxes for 48,000 NH working families while sending their money to other states; Potential tax hike only possible because NH Republicans refused to create a New Hampshire-run health care exchange
Concord, NH GOP candidates up and down the ballot in New Hampshire are celebrating a potential tax hike on Granite State working families. A federal district court in Washington, D.C. today issued a ruling in the Halbig v. Burwell case that would take away health care tax credits from families and small businesses that live in states where conservative Republicans blocked a state-based exchange.
The ruling trumpeted by U.S. Senate candidate Scott Brown, Congressional candidate Frank Guinta, Gubernatorial candidate Andrew Hemingway, and Speaker of the House candidate Bill OBrien all Republicans would raise costs on average $3,480 for the 48,000 Granite Staters who currently use the Affordable Care Act subsidy to afford quality health care coverage or who are eligible to do so.
On average, these Granite Staters stand to lose an annual $3,480 tax credit and yet politicians like Scott Brown and Frank Guinta are cheering, said Zandra Rice Hawkins, executive director of Granite State Progress. Scott Brown voted to continue $24 billion in tax breaks for the five largest oil companies in the United States, but he supports taking away a $3,480 tax credit from tens of thousands of New Hampshire working families. Worse, New Hampshire taxpayers would continue to pay for health care coverage for residents of other states.
FULL story at link.
If you liked this post consider subscribing to the NH Labor News via email. There are more great articles to come.
About Granite State Progress
Granite State Progress is a progressive advocacy organization that addresses issues of immediate state and local concern. Granite State Progress works as a communications hub for the progressive community to provide a strong, credible voice in advancing progressive solutions to critical community problems.
View all posts by Granite State Progress →
http://nhlabornews.com/author/granite-state-progress/