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06-29-2009, 06:57 AM
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Uber Wolf
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Join Date: Sep 2008
Location: Some place very cold
5,507 posts, read 2,990,794 times
Reputation: 2961
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Sales Tax to Increase to 6.5%
Well, did you hear the news?
Our sales tax is going up.
Tighten your belts another notch.
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06-29-2009, 08:05 AM
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Amerikanska
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Join Date: Oct 2006
Location: Sverige och USA
468 posts, read 499,951 times
Reputation: 143
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Are food and clothing still exempt?
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06-29-2009, 10:11 AM
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Senior Member
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Join Date: May 2008
Location: Southern NH
1,330 posts, read 559,957 times
Reputation: 451
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Isn't it 6.25%? It is a 25% increase from 5.0% to 6.25%. I guess it will be felt mostly on large purchases such as a car. If you buy an $18,000 car, the sales tax will go from $900 to $1,125.
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06-29-2009, 10:19 AM
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Uber Wolf
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Join Date: Sep 2008
Location: Some place very cold
5,507 posts, read 2,990,794 times
Reputation: 2961
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06-29-2009, 10:49 AM
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Senior Member
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Join Date: May 2007
742 posts, read 694,332 times
Reputation: 174
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We all knew this was going to be approved and is far from the last tax we will be hit with. So more people will shop in NH and they will realize some of the larger items aren't being bought here, they will say they have to find another way to tax us.
By the way...anyone know when the 6.25% sales tax is supposed to start?
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06-29-2009, 11:00 AM
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Junior Member
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Join Date: Jun 2009
Reputation: 10
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with the gas prices around $2.8 and considering the best places to shop in NH to get distance from lets say Boston, has anyone figured out what the price of the item(s) you are going to buy should be so that it really makes sense to go to NH ?
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06-29-2009, 12:44 PM
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Senior Member
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Join Date: May 2008
Location: Southern NH
1,330 posts, read 559,957 times
Reputation: 451
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samsalmanu,
It all depends on where you live, your car's gas mileage, etc. There are two large malls on the MA/NH border - one in Nashua, the other in Salem NH. Let's say you are 40 miles away and your car gets 20 mpg. The cost of going back and forth is $11.20. The breakeven is buying $179 worth of taxable products. There are a few other items you may want to pick up in NH - beer, liquor, tobacco products, etc. MA does tax clothing above $175 so if you have something expensive to buy, that may make sense.
So, it is worth it if you have something expensive to guy: computer, digital SLR, lawn mower, etc.
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06-29-2009, 02:21 PM
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Senior Member
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Join Date: Jun 2007
3,184 posts, read 2,043,539 times
Reputation: 1617
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I bought my first Mac in Nashua in 1987. It was worth more than the beater car I brought it home in.
I gather a big change in Mass. is that liquor will now be taxed, according to a besotted co-worker. I guess it hasn't been before?
I live about 20 miles from the shopping strip of Daniel Webster Highway. Since I don't really shop much at all, I don't come up to NH to do it, but if I was buying anything significant, probably I'd come up.
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06-29-2009, 04:28 PM
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It's just a name...
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Join Date: Jul 2006
Location: Metrowest, MA
1,790 posts, read 2,594,787 times
Reputation: 414
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Reduce, Reuse and Recycle = low or no Taxes (buy used)  |
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06-30-2009, 07:53 AM
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Senior Member
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Join Date: May 2008
Location: Southern NH
1,330 posts, read 559,957 times
Reputation: 451
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The sales tax hike starts on August 1.
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