STOP THE STEAL
Block the Corporate Bailout Bill
What is HB155?
HB155 Is a Corporate Bailout We Can’t Afford. If passed, it would cut New Hampshire’s Business Enterprise Tax (BET) — a tax already reduced by nearly 27% since 2015. Lowering the BET again would hand another major tax break to large corporations while draining millions from the state budget.
Here’s what the bill does:
Lowers the BET rate from 0.55% → 0.50%
Would have cost the state $23 million in a single year (based on 2023 filings)
Adds to the $795M–$1.17B already lost from business-tax cuts since 2015
Benefits the largest 1% of corporations, not small local businesses
In January, HB155 heads to the House floor for a vote. If it becomes law, it will deepen New Hampshire’s fiscal crisis, raise property taxes, and reduce funding for housing, child care, education, and health care.
Why HB155 Matters
New Hampshire is already struggling:
Housing costs have doubled since 2015
Child care for two kids is nearly $30,000/year
Health insurance deductibles are up 300% since 2005
Many families making $100,000+ can’t afford basic needs
HB155 makes this worse. When corporations pay less, property taxpayers pay more. Schools, roads, housing, and health care all lose millions — shifting the burden directly onto working families.
Who Pays the Price?
Every Dollar Lost Is a Dollar We Have to Make Up
Every dollar lost to HB155 is a dollar Granite Staters have to make up in other ways. It’s a corporate bailout that rigs the system even more in favor of the rich and well-connected while the rest of us pay the price.
What We Deserve
Granite Staters Deserve Leaders Who Put Us First
Granite Staters deserve leaders who put working people first—not corporate special interests.
We should be investing in:
Affordable housing
Quality child care
Strong public schools
Accessible health care
—not cutting taxes for wealthy businesses and corporations.
Tell Your Legislators: Vote NO on HB155
HB 155 is another giveaway that:
Rigs the economy against working people
Hurts families and small businesses
Raises our property taxes