U.S. Treasury Secretary speaks to N.H. business owners
U.S. Treasury Secretary John Snow spent part of tax day discussing the economic benefits of tax relief with Granite State business owners.
“While tax day is never a day that Americans look forward to it’s always nice when a good plan comes together,” Snow said, crediting New Hampshire’s strong economy to the 2003 signing of the Jobs and Growth Act. “It is critical that congress work to pass legislation that extends tax relief.”
Snow commented on the state’s low 3.5 percent unemployment rate and the role tax relief plays in the creation of jobs and economic strength.
“More than 530,000 New Hampshire taxpayers will be able to live even more free by enjoying a lighter tax burden from relief like the new ten percent tax bracket and reduction in income tax rates,” Snow said.
Snow became the 73rd Secretary of the Treasury in 2003 following his nomination by President Bush. He is charged with strengthening economic growth and creating jobs.
Previously, Snow served as Administrator of the National Highway Traffic Safety Administration, Deputy Undersecretary, Assistant Secretary for Governmental Affairs and Deputy Assistant Secretary for Policy, Plans and International Affairs. — TRACIE STONE