New Hampshire’s sullied reputation

To the editor:

Jim Roche’s warning in the June 5-18 edition of NHBR that “recent (legislative) policy decisions are resulting in growing unease among businesspeople” is too late. The horse is already out of the barn.

New Hampshire, which ranked No. 20 nationally for economic potential before our legislative tilt to the left in 2006, now ranks 37th — a loss of 17 positions among the states.

New Hampshire, which ranked No. 1 among the New England states, New York and New Jersey for growth and opportunity before Democrats took control of the levers of state government, has now fallen to third in New England and the greater region, behind Massachusetts and Connecticut, as a place to consider locating a business and as a place to create jobs.

After the New Hampshire House’s embrace of capital gains and death taxes this legislative session – and even though neither tax got through the Senate – individuals of wealth are now openly considering establishing a formal domicile elsewhere, in more accommodating places like Wyoming and Texas, for example, because they’re convinced that no matter what Governor Lynch says and no matter the degree to which current legislative leaders demur, an income tax is surely around the corner.

Businessmen and entrepreneurs are experiencing similar fears.

By frivolously growing state government, increasing regulation and by imposing whopping increases in spending, taxes and fees, our last and current legislatures have convinced many residents, businesses and entrepreneurs that its time to leave and for the first time in decades New Hampshire has begun to lose population.

In just three short years, Democrats in control of New Hampshire government have irresponsibly managed to inform the entire country that New Hampshire is no longer either a tax haven or a friendly place to do business.

New Hampshire was once considered to be the best place in the country to live.

It takes a long time to recover a lost reputation.

Unless political control of the Legislature and corner office changes dramatically in the next election we can count on ever-increasing decline and lost opportunity becoming New Hampshire hallmarks for decades to come.

Paul Mirski

Categories: Cook on Concord