By cutting unnecessary regulations and easing permit process companies will expand and create jobs
Governor Chris Sununu recently delivered his State of the State Address. He stated that New Hampshire had the second lowest unemployment rate in the country, no income tax, no sales tax, lower business taxes, and fewer regulations since he had taken office. He discussed his plans to continue reducing regulations, which have already been cut by 1600. Future agenda items include streamlining the permitting processes and stimulating workforce development efforts.
NFIB NH State Director Bruce Berke released the following statements following Gov. Sununu’s speech:
“NFIB applauds Gov. Sununu for focusing on helping small businesses in New Hampshire to succeed by cutting red tape through regulatory reform. It’s refreshing to hear after cutting some burdensome regulations last year; he now intends to ease the very arduous process of getting a permit. Long delays bring projects to a halt, leaving workers idle, and hurting the state’s economic growth. We are also grateful the Governor has already eliminated many burdensome and unnecessary regulations and look forward to that continuing.
“A small business owner is often the CEO, the HR manager, and the sales rep, so if regulatory reform reduces confusion and inconsistencies between local and state regulations, it will be a relief for those overwhelmed entrepreneurs. Without all that paperwork they can focus instead on growing their business.
“There are many Northeast states driving business away with high taxes and costly labor mandates. We appreciate the fact that in New Hampshire Gov. Sununu has lowered business taxes, not raised fees, and understands that if small businesses succeed so do their employees, so does the state. Under new federal tax laws, many small business owners are planning to make capital purchases, expand operations and add employees. It’s important that Gov. Sununu supports Main Street and has no plan to quash that optimism.”