Echoes of Perry as Abbott dings another Dem governor on biz taxes
First, it was California. Then it was Connecticut. Now, Gov. Greg Abbott has New Hampshire in his cross-hairs.
The Granite State is the latest target in Abbott’s crusade to poach major businesses from other states and lure them to Texas, citing in particular the just-enacted 25 percent cut in the business franchise tax.
“Texas is wide open for New Hampshire businesses looking to escape the restrictive tax burdens solidified by Governor Hassan’s unfortunate veto of the state budget,” he said in a statement, echoing a part of his predecessor’s legacy that he is proud to continue.
The shot came after New Hampshire Gov. Maggie Hassan vetoed a budget proposed by state lawmakers and instead signed a continuing resolution to keep the government’s lights on. Hassan rejected the legislation due to its “unpaid-for corporate tax cuts that will create a more than $90 million hole in future budgets,” according to her statement.
“I have vetoed the budget passed by the legislature because it is unbalanced, makes false promises about what it funds, and gives unpaid-for tax giveaways to big corporations, many based out-ofstate, at the expense of critical economic priorities, including higher education, health care, public safety and transportation,” Hassan wrote.
As we get a clearer picture of Abbott as governor, with his first legislative session behind him now, the influences of former Gov. Rick Perry – for better or worse – make the new governor sometimes For more on this story, click
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