MassFiscal, New Hampshire Legislators Highlight Growing Competitiveness Divide Between Massachusetts and New Hampshire

New Hampshire Legislators Make Case That “New Hampshire Can’t Afford to Lose Maura Healey”

The Massachusetts Fiscal Alliance joined a group of New Hampshire House leaders today for two press conferences spotlighting the widening competitiveness gap between Massachusetts and New Hampshire. The events come as a series of high-profile employers have announced relocations from Massachusetts to the largely tax-free Granite State, an exodus increasingly driven by Massachusetts’s rising taxes, energy costs, and regulatory mandates. Last week, SynQor announced it will move their headquarters from Boxboro, Massachusetts to Salem, New Hampshire early next year. The move is expected to bring 250 jobs to New Hamshire. Upon the news, New Hampshire Governor Kelly Ayotte welcomed SynQor via her social media page. Earlier this year, Analogic Corp of Peabody Massachusetts announced it was relocating to Salem, New Hampshire, along with its 500 jobs.

At this morning’s event in Salem, held at the new Whole Foods construction site at Tuscan Village, New Hampshire legislators detailed how Massachusetts’ policy choices are accelerating the migration of jobs and investment across the border. The group then traveled to the Massachusetts State House for a follow-up press conference at 1:00 p.m. outside the House Chamber.

“Massachusetts is not competing against states like New Hampshire, instead New Hampshire is competing against states like Texas, Florida, Tennessee, and North Carolina. In this recent case, New Hampshire won, but in every case Massachusetts loses. When employers are choosing to cross the border because they can’t keep up with our taxes, energy costs, and mandates, that should be a wake-up call for every policymaker on Beacon Hill. When Massachusetts has its worst jobs month in September since the pandemic, that should also warn lawmakers to wake up. Massachusetts cannot continue down this path of Taxachusetts. If we don’t reverse this trend, we’ll keep losing jobs, families, and opportunities,” said Paul Diego Craney, Executive Director of the Massachusetts Fiscal Alliance.

“Every time Massachusetts adds another tax or regulation, it makes New Hampshire even more attractive for companies looking for stability. Part of my job is to see to it that Salem, New Hampshire grows and thrives and many taxpayers and businesses from Massachusetts are joining us. We’re not rooting for Massachusetts to fail, but we’re fully prepared to take advantage of the opportunities their out of touch policies are creating for us,” said Deputy House Majority Leader Joseph Sweeney.

 “Small businesses are the first to flee when costs spiral and regulations pile up.  We welcome them in New Hampshire, but it’s astonishing to watch a state as wealthy as Massachusetts sabotage its own economic foundation. Make no mistake, New Hampshire is open for business. We will continue to put out policies that attract job growth, wealth, and prosperity. Being number one in the country, or in the top five, requires us to be laser focused at competing with the most competitive states in the nation,” said House Small Business Coalition Chair Rep. Brian Labrie.

“Massachusetts is making it harder for employers to grow and that’s pushing investment out. New Hampshire offers a stable, pro-business environment, and we’re ready to welcome every company that decides it can no longer operate under Massachusetts’ high costs due to taxes, climate policies, and housing regulations,” said Rep. Joe Alexander, Chair of the House Housing Committee. “

 “Over 250 years ago, Massachusetts was founded on economic freedom. Today, the Commonwealth is the antithesis of their founding principles. Sky-high taxes, overregulation, nanny state politics, and disastrous energy policies are driving businesses out of the Bay State to seek a better business climate in the Granite State. New Hampshire, on the other hand, is the freest state in the nation and freedom is working. The Granite State has the fastest GDP growth in the region, high in-bound migration, the advantage of no sales or income tax, and a decade long project of cutting business taxes. While Massachusetts treats taxpayers like a blank checkbook, New Hampshire has eliminated their only tax on income. The results speak for themselves, the only real question is if Massachusetts is willing to admit defeat and change course,” said Ross Connolly, Regional Director for American for Prosperity.

MassFiscal and the participating New Hampshire lawmakers pledged to continue drawing attention to the widening competitiveness gap and urge Massachusetts to adopt pro-growth policies that have made New Hampshire so successful.


Support Our Work Join Our Email List MassFiscal YouTube Channel

connect

get updates