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Chris Sununu New Hampshire Inauguration: Jan 2017 10 NH Next Election: 2020 State Control Party Governor Party Democrat Republican OVERALL RANK

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Chris Sununu New Hampshire Inauguration: Jan 2017 10 NH Next Election: 2020 State Control Party Governor Party Democrat Republican OVERALL RANK Chris Sununu New Hampshire Inauguration: Jan 2017 10 NH Next Election: 2020 State Control Party Governor Party Democrat Republican OVERALL RANK PREVIOUS GOVERNORS AND PARTY AFFILIATION Results Rank (1=best, 50=worst): Maggie Hassan 2013-2017 A situational measure based on John Lynch 2005-2013 5 the state’s economic outcomes Craig Benson 2003-2005 (equal-weighted average).These variables are highly influenced by Jeanne Shaheen 1997-2003 the Governor’s policy. RESULTS RANK SENATE 58% 42% Policy Rank (1=best, 50=worst): Democrat 14 Republican 10 A Measure of policy stances and decisions based on each Governor’s 17 legislative history regarding 6 key HOUSE areas (equal-weighted average). 58% 39% 3% POLICY RANK Democrat 231 Republican 156 Other 13 KEY PERFORMANCE INDICATORS RANK ABOUT GOVERNOR CHRIS SUNUNU TAX POLICY “No Income Tax. Not Now. Not Ever!” Governor Chris Sales, Personal Income, Fuel, and Other Tax Sununu’s commitment to keeping income taxes out of New Changes 24 Hampshire make him well-deserving of a top 10 rank in this report. New Hampshire is a low-tax oasis in the New SPENDING POLICY England high-tax desert. New Hampshire’s lack of personal Proposed and Enacted Changes in State income and sales taxes make the Granite State friendly to Spending 35 new business investment and have saved New Hampshire from the economic decline facing other Northeastern states. In fact, since 2018, New Hampshire has the 18th CARES POLICY best economy of any state. Gov. Sununu recognizes low Handling of Federal Funds as of July 2020 12 taxes contribute to a pro-business climate that helps bring jobs and investment to New Hampshire. Gov. Sununu’s fiscally conservative economic policy has also kept New UNION POLICY Hampshire’s state finances in shape. New Hampshire Public Employees, Public Employee Raises, and Prevailing Wage Laws 18 has the 17th lowest outstanding debt including unfunded pension obligations of any state. Low debt, and limited spending also left New Hampshire better prepared for the WELFARE POLICY COVID-19 crisis than most states. Fiscally conservative Welfare Spending per Capita 24 budgets allowed New Hampshire to cover nearly every penny of its budget deficit with rainy day funds. Without Gov. Sununu’s pro-growth economic policy and fiscally EDUCATION POLICY conservative budgets, New Hampshire would have been in School Choice Participation, NAEP Scores, and per Pupil Spending 15 a worse position coming out of the COVID-19 crisis. ALEC | American Legislative Exchange Council 2020 THE LAFFER-ALEC REPORT ON ECONOMIC FREEDOM GRADING AMERICA’S 50 GOVERNORS RESULTS 17 2 12 18 DEBT RANK SPENDING RANK PREPAREDNESS RANK ECONOMIC RANK TAX POLICY DATA RANK State Spending Top Marginal Personal Income Tax Rate 0.00% Yearly Spending per GSP, 2009-2019: 1 9% Top Marginal Corporate Income Tax Rate 7.70% 33 8% Inauguration Personal Income Tax Progressivity (change in tax liability per $1,000 of $0.00 7% income) 2 6% Property Tax Burden $57.90 (per $1,000 of personal income) 50 ’09 ’10 ’11 ’12 ’13 ’14 ’15 ’16 ’17 ’18 ’19 Sales Tax Burden $0.00 (per $1,000 of personal income) 1 2020 Unemployment Rate Monthly Unemployment Rate from January to July, 2020: Remaining Tax Burden (per $1,000 of personal income) $19.51 30% 35 25% Estate/Inheritance Tax Levied No 20% 17% 1 15% 15% Recently Legislated Tax Changes 10% 9% 8% (2018 & 2019, per $1,000 of personal -$0.37 income) 12 5% 3% 3% 2% 0 Debt Service as a Share of Tax Revenue 6.8% Jan Feb Mar Apr May Jun Jul 29 THE LAFFER-ALEC REPORT ON ECONOMIC FREEDOM GRADING AMERICA’S 50 GOVERNORS.
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