Republican Gov. Chris Sununu has signed a two-year, $13.5 billion New Hampshire budget Friday that includes a buffet of tax cuts as well as measures limiting abortions and diverting more taxpayer dollars to school choice programs.
The spending plan, which was approved by the Republican controlled Legislature a day before, cuts corporate taxes, reduces the meals and rooms tax, as well as the business enterprise tax and increases the filing threshold for the business profits tax. It also includes Sununu s proposal to create a new paid family leave program. Historic tax cuts, property tax relief, and Paid Family Medical Leave delivered all in one sweeping action is a win for every citizen and family in this state, Sununu said in a statement.
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