Publisher's Note: Capped cap
The New Hampshire Supreme Court unanimously reversed Manchesterís tax cap.
With the tax cap now lifted, expect Manchester Mayor Ted Gatsas to raise taxes by 50 percent and to offer free chocolates to all residents in a massive wealth redistribution plan.
Surprisingly, that wasnít the mayorís first move. In fact, the mayor continues to push for an 8-percent reduction in city spending.
The courtís ruling was not about spending or taxes. It was about our right as voters to choose how to run our cities and towns.
Under Manchesterís tax cap a supermajority of aldermen was required to raise taxes. But what if a majority of aldermen wanted to raise taxes because a majority of residents wanted them to spend more on education? Sorry ó under the tax cap a minority of residents could control spending and taxes.
The Supreme Courtís rule reaffirms another important principle. We, the voters, are the tax cap. Even though Manchesterís mayor can choose to raise spending and taxes now, he isnít. Heís looking to do just the opposite because he feels that what the voters want him to do.
Recently on NHPRís The Exchange, former Governor John Sununu said the same thing. Voters, he said, are telling state government that itís spending too much. Clearly, with the huge majorities that Republicans won, voters are sending a strong message. Thatís their choice.
Good News: National retail sales increased by more than 1.2 percent in October from September, twice what analysts expected. More impressive than the month-to-month sales is the year-over- year. October 2010 was 7.3 percent better than October 2009.