House Republican Leader Reacts to House Democrats’ Capital Gains Tax Proposal

CONCORD – House Republican Leader Dick Hinch (R-Merrimack) issued a statement in reaction to the House Ways & Means committee vote late Tuesday on HB 686, relative to calculating and funding the interim cost of an opportunity for an adequate education and extending the interest and dividends tax to capital gains.

The bill would extend the interest and dividends tax to capital gains.

“House Democrats appear to be looking for new things to tax and interesting ways to tax them. This bill will suck tens of millions of dollars out of the pockets of some citizens to provide a small level of property tax relief for others. We’re hearing a lot this year from Democrats about tax relief, but to me, tax relief does not mean tax expansion or tax increases, which is what we’re seeing at every turn. Property taxes and education funding are big issues, and we have several proposals looking at ways to address them this year, but this new tax on capital gains is a non-starter for Republicans.”

House Republican Leader Opposes $100 Per Day Vehicle Registration Fine Proposal

CONCORD – House Republican Leader Dick Hinch (R-Merrimack) issued the following statement on House Bill 563, relating to the fees for failing to register a motor vehicle. The bill proposes to modify the fine from $100 per occurrence to $100 per day.

“This is another Democrat-sponsored bill that finds a new way to squeeze more money out of our citizens. I’m not sure how you would calculate the percentage increase in the fine as proposed in the bill, but if you were a week late, you could have a $700 fine instead of a $100 fine. That’s a 700% increase in just one week,” Hinch said. “This bill is sponsored by the legislator who was appointed to lead the House committee that deals with taxes and fees. If this is how Democrats want to demonstrate to voters how they plan on running the state, we’re in for an expensive 2 years.” Link to text of the bill:

House Republican Leader Reacts to Rules Committee Vote on Shutdown Rebuke

CONCORD – House Republican Leader Dick Hinch (R-Merrimack) issued the following statement in reaction to the House Rules committee vote to allow late drafting and introduction of a resolution, offered by Rep. Peter Schmidt (D-Dover), condemning the government shutdown. Details of the proposal are not available, and were offered verbally before the committee on Thursday.

“New Hampshire Democrats are doing a great job finding avenues to exploit the shutdown for political gain. By the time a resolution is drafted, introduced, and goes through the legislative process, it could be late March. At the end of the day, both sides in Washington, D.C. need to do their job, and do it quickly. Passing this type of resolution won’t do anything to solve the problem, and uses state resources to make a purely political statement.”

The committee voted on party lines to approve the request for the resolution to be drafted and introduced.

House Republican Leader Commends Governor on Positive Agenda for New Hampshire

CONCORD – House Republican Leader Dick Hinch (R-Merrimack) offered the following reaction after Governor Sununu’s inaugural address, given today in Representatives Hall at the State House in Concord.

“Governor Sununu’s positive vision demonstrates how much he cares for the people of our state, and his ability to provide leadership to move us forward. He is committed to keeping our economy strong by keeping our tax burden and state spending as low as we responsibly can. That might be unpopular with Democrats in the legislature, but it is the right thing to do,” Hinch said. “His dedication to providing a better service experience for those who deal with state government, and his ability to build relationships within government, are making real reform possible, and providing better results for our state.”