Property taxes & a NH retirement
Concord will have to start seriously considering alternative means to raising tax revenue as we baby-boomers approach retirement or there will be a mass exodus. The property tax is the most unfair of the broadbase taxes to virtually everyone. It is not based upon either wealth or ability to pay, especially when property is held for a long period of time, such as what most of us would like to do (and actually be able to plan to retire here). The mis-taxation in NH is the hot topic of anyone planning their retirement. Anyone who has lived in a remote NH town (w/out a good RE tax base) knows well how values fall as the tax assessment /rate goes up........
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