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Author Topic: NH tax burden drops  (Read 14195 times)

JasonPSorens

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NH tax burden drops
« on: April 17, 2004, 04:51:09 pm »

New Hampshire's state and local tax burden has dropped for the second year in a row:
http://www.taxfoundation.org/newhampshire/statelocal-nh.html
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Tracy Saboe

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Re:NH tax burden drops
« Reply #1 on: April 17, 2004, 05:37:24 pm »

Exactly what taxes were cut in New Hampshire to make this possible?

Or is it just that the economy has grown and taxes have stayed more or less constant?

Tracy
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Tracy Saboe

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Re:NH tax burden drops
« Reply #2 on: April 17, 2004, 05:41:35 pm »

If you can just cut taxes by a few more percentage points in NH, it will be a little lower then South Dakota :-)

With the hopefull Taxpayers Bill of Rights going through, and hopefully abolishing the State Wide property tax, that can happen with-in a couple years.

Tracy
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We agree that "Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. Never for a moment should it be left to irresponsible action." --George Washington

Jack Conway

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Mike Lorrey

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Re:NH tax burden drops
« Reply #3 on: April 17, 2004, 08:46:00 pm »

The state property tax rate has dropped from $6.00/thousand to, I am told, about three and a half bucks per thousand this year.
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Tracy Saboe

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Re:NH tax burden drops
« Reply #4 on: April 17, 2004, 11:19:13 pm »

Cool

Any chance of it going away altogether soon?

Tracy
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We agree that "Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. Never for a moment should it be left to irresponsible action." --George Washington

Jack Conway

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Mike Lorrey

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Re:NH tax burden drops
« Reply #5 on: April 18, 2004, 10:09:50 am »

Benson's main election promise was to cut it in half. He's almost done that, which is pretty good. We'll have to see how he does in his second term.

The dems can't even find a credible candidate to go up against him.
« Last Edit: April 18, 2004, 10:10:24 am by Mike Lorrey »
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Tracy Saboe

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Re:NH tax burden drops
« Reply #6 on: April 18, 2004, 02:03:33 pm »

Maybe he can abolish it his next term! !!!

And stick it to the Surpremes.
Tracy
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We agree that "Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. Never for a moment should it be left to irresponsible action." --George Washington

Jack Conway

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jgmaynard

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Re:NH tax burden drops
« Reply #7 on: April 18, 2004, 05:07:33 pm »

The billl was passed last year to lower the SWPT roughly in half by 2006.

JM
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Tracy Saboe

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Re:NH tax burden drops
« Reply #8 on: April 19, 2004, 02:41:13 pm »

Half again? So it'll go down to $1.5 per thousand or so?

Tracy
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We agree that "Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master. Never for a moment should it be left to irresponsible action." --George Washington

Jack Conway

Conway Supports Obamacare
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Conway Supports Abortion
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Conway is in Bed with Big Pharma
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DustinD

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Re:NH tax burden drops
« Reply #9 on: April 19, 2004, 11:57:43 pm »

I heard from a friend that a personal income tax is on the way. Does anyone know anything about this? It seems the impression I get from the FSP is that NH is getting better and better as far as taxes go, and NH is fixing the damage the Dems did when they where in control.
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freedomroad

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Re:NH tax burden drops
« Reply #10 on: April 20, 2004, 03:31:39 am »

I heard from a friend that a personal income tax is on the way. Does anyone know anything about this?

Maybe the guy was confused.  I would not be suprised if NV got a personal income tax in the next ten years.  NH already has both a personal and a corporate income tax.  It seems that there is little chance NH will get a wage tax for a long time.  Gov. Benson said that he would lower taxes, the Dems said that the ywould create a wage tax.  He won big.  Clearly the people of NH want the opposite of an income tax.
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DustinD

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Re:NH tax burden drops
« Reply #11 on: April 20, 2004, 11:10:37 pm »

Quote
NH already has both a personal and a corporate income tax.
I did not know that, I thought it was only property tax two times a year, and a sales tax on a few goods.(mostly stuff out of staters would buy) How big is the personal income tax?
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wes237

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Re:NH tax burden drops
« Reply #12 on: April 20, 2004, 11:21:27 pm »

Personal income tax? Please explain,
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JonM

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Re:NH tax burden drops
« Reply #13 on: April 20, 2004, 11:30:33 pm »

A 5% tax on interest and dividend income in excess of $2400 a year.
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wes237

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Re:NH tax burden drops
« Reply #14 on: April 20, 2004, 11:33:46 pm »

Some how I missed this. And I am going to have a major problem with it.
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