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Sunday, September 6, 2009

Shhh, they're talking income tax

Tom Fahey leads his "Under the State House Dome" column in the Union Leader with more details on the Economic Summit that longtime income tax supporters Terie Norelli and Susan Almy are putting together, which they say will be about so much more than the income tax.
Norelli said the best time to look at the revenue landscape is when lawmakers don't have a budget gun pointed at their heads.

"It's an opportunity for us to take a look at all our taxes and fees. Do they help or hurt the economy, or are they neutral? What's good for economic development and what's bad? They will be hearing from economists on a national and state level on the right and on the left and, hopefully, in between, and there won't be any recommendation coming out of it. It's strictly giving people information," Norelli said.

Fahey notes that the House has held onto an income tax bill for further study. This bill could easily serve as the Legislative vehicle for any tax "reform" ideas coming out of Norelli's tax summit.

Fahey also updates the stalled contract talks between the state and the SEA, and has lots of political stuff.

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