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We honor the more than 1 million who died so we could be safe

To The Daily Sun,
Two hundred and forty years ago our nation was created based on the revolutionary idea that all men are created equal and endowed by their creator with certain unalienable rights to life, liberty and the pursuit of happiness.
Our founders' belief that a nation and a people dedicated to these ideas would prosper proved correct and many millions of people from around the world came, come, and want to come here to share the blessings that follow from those beliefs.
Unfortunately, there are people, national leaders, and ideologies which reject our beliefs in people's unalienable rights; they believe that people exist to serve them. Such people threaten and wage war to impose their controls over people's lives.
While most of us take our freedoms and prosperity for granted, the cost of protecting our way of life has been high.
Memorial Day is the day set aside to honor the more than 1,000,000 men and women who died to enable the rest of us to enjoy safe and comfortable lives. Freedom isn't free; men and women are fighting and dying today paying the price for our freedom.
On Monday, Memorial Day, go to a parade, military cemetery, or other Memorial Day event to remember and honor those who protect our freedoms and opportunities. We owe them our respect and gratitude, and they deserve it.
Don Ewing


  • Category: Letters
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State's I&D tax is there to penalize those who save and invest

To The Daily Sun,

Why does New Hampshire penalize savers and investors?

Everyone knows that New Hampshire does not have either a personal income tax or a broad-based sales tax, but why has so little attention been paid to the insidious New Hampshire tax on interest and dividends (the I&D Tax)?

The I&D Tax is assessed at 5 percent of a person's interest and dividend income. It may also apply to distributions from an S Corporation, a partnership or an LLC.

The worst effect of the I&D Tax by far is on individuals who have worked hard and saved and invested for their future, after paying federal income taxes on whatever income they were able to generate and save.

This falls especially hard on seniors who are sufficiently fortunate to have investments in bonds and/or stocks. Even with the artificially low interest rates being paid on bank accounts, CDs, and bonds, to have to pay 5 percent of the meager interest income to the State of New Hampshire is outrageous, considering how we in the state pride ourselves on being a low tax environment.

The I&D Tax accounts for only about 4.06 percent of the total state unrestricted revenues, a very small portion of the total. So why is it still there?

It is there to penalize people who work and strive and save and invest to support themselves rather than relying on big government to take care of them. Plain and simple, it is "progressive" social policy run amok.

The I&D Tax should be repealed, and any person running for political office in the state who claims to have taken the "Tax Pledge" ought to be asked also to pledge to support repeal of the I&D Tax.

Norman J. Silber

  • Category: Letters
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