Union Leader: Tax Hiker Molly Kelly Has Been “Proven Wrong” On New Hampshire Business Taxes

Kelly’s refusal to face facts on New Hampshire’s business taxes further shows that she can’t be trusted to lead the state forward

For months, Tax Hiker Molly Kelly has staked her candidacy for New Hampshire’s highest office on a platform of reversing economic progress and making the state’s job creators pay more for her big-government agenda.

Now the state’s largest newspaper, The New Hampshire Union Leader, is blasting Kelly in a new editorial for her opposition to business tax cuts championed by Governor Chris Sununu. The Union Leader writes that Kelly has been “proven wrong about the consequences” of these tax cuts – which have led to improved business growth and increased revenue for the state – but she “would raise them again anyway” if elected.

Kelly’s refusal to face facts on New Hampshire’s business taxes further shows that she can’t be trusted to lead the state forward.

Molly Kelly is wrong about New Hampshire business taxes.

As a state senator, Kelly staunchly opposed Republican efforts to lower New Hampshire’s punishing business tax rates, as Kelly and her fellow Democrats argued doing so would would ‘blow a $90 million hole in the budget.’

Kelly was wrong about that. Business tax revenues have been booming after Republicans cut rates for both the Business Profits Tax (BPT) and Business Enterprise Tax (BET.)

Kelly now chides Gov. Chris Sununu for ‘funding tax breaks for the wealthy corporations’ instead of social services.

Kelly is wrong about that, too. All New Hampshire businesses are benefitting from lower rates. There are no special breaks for wealthy corporations. If elected, Kelly promises to increase the BET by 50 percent, increasing payroll costs for all but the smallest New Hampshire employers.

Kelly is wrong about the state lacking money. The state has a surplus, which the Legislature has used to fill the Rainy Day Fund and provide additional funding for many programs.

If Kelly wants to spend more on certain programs, there is room within the current tax framework. There is no need to raise New Hampshire business taxes higher than those in neighboring states.

Kelly fought for years against business tax rate cuts. Having been proven wrong about the consequences, she would raise them again anyway.

1 day, 22 hours ago

Governor Cooper’s Failing Grade On Teacher Pay

Roy Cooper likes to talk a big game about supporting educators, but when the time came to take action his words were exposed as empty rhetoric as he repeatedly vetoed higher pay for hardworking teachers.

2 days, 1 hour ago

Vice President Mike Pence: Greg Gianforte Is The Law And Order Governor Montana Needs

Vice President Mike Pence made it crystal clear that Montanans need a reprieve from the failed Bullock-Cooney administration and offered a full-throated endorsement of Greg Gianforte for governor.

3 days, 23 hours ago

Missouri Dem Used State Resources to Boost Gubernatorial Campaign

Galloway used taxpayer funds to boost her gubernatorial campaign

1 week ago

Radical Pro-“Defund The Police” Group Endorses Roy Cooper

In case the contrast in the North Carolina governor’s race couldn’t be more clear, Democratic Governor Roy Cooper received an endorsement from far-left NextGen

1 week ago

#TBT To The Time Justin Fairfax Said Sexual Assault Allegations “Raised His Public Profile For Good”

THROWBACK THURSDAY to February 2019, when Virginia Democrats made the Commonwealth a national embarrassment.

1 week, 1 day ago

Fire Fighters Back Sununu While Feltes Touts Endorsement From Extreme Anti-Police, Pro-Green New Deal Group

The Professional Fire Fighters of New Hampshire announced their endorsement of Governor Chris Sununu