Tom Thomson, who wrote a column opposing the new LLC tax in yesterday’s Union Leader, testified by quoting from the landmark Supreme Court case McColluch vs. Maryland that “the power to tax is the power to destroy” and argues that New Hampshire is about to destroy its LLC’s.

DRA Commissioner Kevin Clougherty responded to Thomson’s call for public hearings around the state by arguing that rules changes generally draw a limited audience of accountants and tax professionals, but that the overwhelming public response to this issue had him looking to hold a broader schedule of public hearings.

Thomson is asking for a firm commitment to five public hearings in the evening after January 3rd. Clougherty says he is currently looking at three additional hearings after today.

Check for updates at the New Hampshire Watchdog blog page.