Business & Economy
Whew, What a Roller Coaster Week For Northern Pass
The likelihood of Hydro-Quebec electricity flowing into New England is greater than the likelihood that Northern Pass is built in its current configuration.
InDepthNH.org (https://indepthnh.org/series/distant-dome/page/34)
The likelihood of Hydro-Quebec electricity flowing into New England is greater than the likelihood that Northern Pass is built in its current configuration.
Today the state’s two business taxes — business profits and business enterprise — are the single largest source of revenue for state government, accounting for about one-quarter of all general and education fund dollars.
For years gridlock has been the norm in Washington, with Republicans controlling Congress and Democrats the White House, while both sides complain nothing was accomplished.
As 2017 draws mercifully to a close, it was a year to remember. From the Presidential inauguration of businessman Donald Trump to the three baby bears that terrorized a Hanover neighborhood, 2017 had something for everyone and many things to rile people’s darker emotions.
Under the plan presented by the Department of Transportation, tolls at the Hooksett and Bedford booths would increase 50 cents to $1.50, and the Hampton toll booths would go from $2.00 to $2.50. The ramp or exit tolls would increase 25 cents to $1, which the EZ Pass discount would remain the same.
The most obvious difference is the project is so much bigger than anything the Site Evaluation Committee has dealt with since the Seabrook nuclear power plant.
The election could have been a disaster for Democrats given the shellacking the party took a year ago, but the Trump factor appeared to rachet up enthusiasm and reinvigorated their get-out-the-vote machine that sputtered so badly during the 2016 effort.
Innovative changes in New Hampshire social services often — over time — revert to the same old used to be.
DISTANT DOME: But the gravy train appears to be slowing especially for the four taxes leading the growth over the last five years.
DISTANT DOME: Beware the Friday afternoon news dump, the favored method of burying bad news.