U-S REPRESENTATIVE PAUL HODES OF NEW HAMPSHIRE’S SECOND CONGRESSIONAL DISTRICT – SAYS HIS PLAN TO CREATE JOBS FOR SMALL BUSINESSES IN THE STATE COULD BRING NEARLY 55-MILLION DOLLARS IN TAX SAVINGS.

HODES RELEASED HIS PLAN YESTERDAY. HE SAYS ITS SIMILAR TO THE ONE PROPOSED BY PRESIDENT OBAMA DURING HIS SPEECH TUESDAY IN NASHUA.

HODES SAYS MORE THAN 51-HUNDRED BUSINESSES STATEWIDE COULD BENEFIT – MORE THAN 200 OF THEM IN CARROLL COUNTY – HE ESTIMATES CARROLL COUNTY BUSINESSES COULD SAVE A TOTAL OF MORE THAN 2-MILLION DOLLARS IN TAXES.

HODES SAYS NEARLY 130 BUSINESSES IN COOS COUNTY COULD BENEFIT, WITH A TOTAL SAVINGS THERE OF ABOUT ONE POINT FOUR MILLION DOLLARS.

THE PROPOSED TAX BREAKS WOULD APPLY TO BUSINESSES WITH LESS THAN 20 WORKERS AND ANNUAL GROSS RECEIPTS OF LESS THAN

5-MILLION DOLLARS THAT INCREASE THEIR PAYROLLS THIS YEAR AND NEXT BY CERTAIN PERCENTAGES.

A SPOKESMAN FOR HODES SAYS HIS TAX PROPOSALS ARE CONTAINED IN A BILL CALLED THE “JOBS ACT” HE’S CO-SPONSORING WITH REPRESENTATIVE JOE SESTAK OF PENNSYLVANIA.