Winnipesaukee Forum - View Single Post - question on local taxes

mishman · 05-27-2016, 11:28 AM

I have a question about local taxes. If a town with a lot of waterfront like Meredith does not spend all their tax revenue locally, does the excess get sent to Concord to somehow equalize a town with a lower value tax base? In other words, is there a perverse incentive to find all kinds of ways to spend local tax dollars locally rather than ship the unspent money to the State?

05-27-2016, 11:28 AM	#1
mishman Senior Member Join Date: Mar 2010 Posts: 170 Thanks: 50 Thanked 82 Times in 40 Posts	question on local taxes - spend or send to Concord? I have a question about local taxes. If a town with a lot of waterfront like Meredith does not spend all their tax revenue locally, does the excess get sent to Concord to somehow equalize a town with a lower value tax base? In other words, is there a perverse incentive to find all kinds of ways to spend local tax dollars locally rather than ship the unspent money to the State?