U.S. Rep. Annie Kuster last month introduced a bill that would reverse a tax on private water companies that kicked in after the Tax Cuts and Jobs Act of 2017 was signed into law, resulting in over a million dollars in unexpected federal taxes on infrastructure projects in the state.
Kuster’s bill, which was co-sponsored by Republican Congressman Greg Walden of Oregon, would provide relief to companies like Pennichuck Corporation and Hampstead Area Water Company (HAWC) which are now liable for hundreds of thousands in new taxes that will be passed to the ratepayers.
CONCORD — Fiscal conservatives predict a climate change plan that governors of three southern New England states have embraced will motivate drivers to fuel up in New Hampshire to avoid higher gasoline taxes back home.
For overcharging and engaging in unethical stock trading with former Gov. Craig Benson’s personal fortune, Merrill Lynch has agreed to pay $24 million in restitution and $2 million in fines and costs, state securities officials said.
The uncontrolled coronavirus outbreak is prompting government officials across the nation to impose new restrictions on consumers and businesses, sapping the economy’s momentum and delaying the recovery of millions of jobs lost during the recession.
