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The house was built 60 years ago when bold architecture was the rage. Also the property contains 90 acres, which could be divided up and sold off (if allowed). The R.E. tax is the big killer.
Reminds me of Bob Bahre's monster mansion on Lake Winni, which was originally listed for $49 million and came with a $254,000 yearly property tax bill. It finally sold for $5.6 million.
New Hampshire needs to rethink the income tax.
There are plenty of states with an income tax where I'm sure you'd be happy. Leave NH alone.
How is that relevant? Its completely different than taxing my income. The average NH resident is not pulling in more than 2,400 a year in interest or dividends.
How is that relevant? Its completely different than taxing my income. The average NH resident is not pulling in more than 2,400 a year in interest or dividends.
That's sad, because $2,400 in interest and dividends is really nothing.
What's to replace this tax: higher residential property taxes or higher business profits taxes or a higher business enterprise tax or higher corporate income taxes or reinstating the estate tax or a combination or cutting back state and local spending?
What's to replace this tax: higher residential property taxes or higher business profits taxes or a higher business enterprise tax or higher corporate income taxes or reinstating the estate tax or a combination or cutting back state and local spending?
– Business Enterprise Tax and Business Profits Tax rate reductions to promote investment and growth.
– Lowering the Interest and Dividend tax rate, with a goal of eventual repeal, so retirees can stay in state.
– Reduction in the Rooms and Meals tax rate to promote tourism and the economy.
– Allocation of a more Rooms and Meals revenue to towns and cities, enabling local tax relief.
– Allocation of $100 Million directly to property taxpayers for tax relief by reducing their property tax bills.
– Education Saving Accounts to promote school choice and competition, with expected lower overall cost.
Lower taxes = More growth = more tax revenue, which provides money for investment and lowering tax rates so people can decide for themselves what to spend the money they make on. Lower tax feedback loop.
Higher taxes = Less growth = more tax revenue, at the cost of reducing money for investment, and having the government decide on behalf of residents what to spend the money they make on. Higher tax feedback loop.
“Historic tax cuts, property tax relief, and Paid Family Medical Leave delivered all in one sweeping action is a win for every citizen and family in this state.”
You've been advocating for a NH income tax for years. If you're so unhappy with our tax structure, why did you move here when this state has been strongly anti-income tax for decades and where political candidates have had to take the pledge to get elected?
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