The ’New Hampshire Advantage’ and Sound Fiscal Policy
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 5 October 2020
⏱️ 19 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Monday, October 5th, 2020. |
| 0:07.0 | I'm Caleb Brown. |
| 0:08.0 | The Biennial Cato Institute Governor's Report Card for Fiscal Policy is out today. One of the best grades |
| 0:14.8 | goes to Chris Sununu, the Republican Governor of New Hampshire. I spoke with |
| 0:19.1 | Governor Sununu last week about Fiscal Policy, COVID-19, and the relatively unique nature of what he calls the |
| 0:26.1 | New Hampshire Advantage. |
| 0:27.8 | It is pretty awesome for, I'm not going to lie to you, I went to MIT and I didn't get many |
| 0:32.4 | A's there. It was as an engineer, but to get an A, I am honored. It's, look, it's, it's, the Cato Institute. it's one of the most respected a well-renowned |
| 0:45.6 | organizations in the world when it comes to just good civics good public service good fiscal |
| 0:51.6 | responsibility so anytime that you're doing right by them public service, good fiscal responsibility. |
| 0:52.6 | So any time that you're doing right by them |
| 0:55.0 | in terms of fiscal discipline and management, |
| 0:58.1 | whether it's in the public or the private sector, |
| 0:59.8 | that's a great takeaway. |
| 1:00.8 | And I think it definitely means, |
| 1:02.3 | it doesn't mean we don't have more work to do right |
| 1:03.8 | but we're on a good track and I'm very proud of that. |
| 1:06.5 | New Hampshire doesn't have a personal income tax it's regarded broadly as a low tax state |
| 1:12.3 | but it does have a business profits tax and a business enterprise tax. |
| 1:19.1 | What has happened to those taxes in recent years? |
| 1:22.8 | They've gone down. |
| 1:23.7 | So the Democrats keep coming in and they |
... |
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