Quote:
Originally Posted by CTYankee
Unfortunately, New Hampshire's "Live Free or Die" motto seems to be supplanted by "Live Free and Screw Everyone Else." Perhaps we will see the change on new registration plates.
The argument that "other states have similar schemes" is lame. New Hampshire has long refused to address the issue of broad-based taxation. Instead, the state now looks to those who get no say in taxation policy to give to those who do have a say. Even in high tax Connecticut out of state property owners can vote on tax issues.
The proposals are nothing more than a socialist wealth re-distribution ploy. New Hampshire residents should keep a sharp lookout. This sort of government scheme can always be expanded to bite you in the wallet. Socialist ideas have a way of doing that.
|
Really. What argument was made to end vehicle inspections? Ahh... yes, other States that don't have such a program.
And why is it socialist in NH, but not in the other 22 States and the ones currently looking to do so?
As for Broad-based taxes... there is only three formats of taxation. Income, Sales, and Property.
NH taxes income through the business taxes - those equate to just under half of the State taxation.
It has countless sales taxes rather than one broad one and a bunch of exemptions - they equate to roughly 3/5th of the State revenue.
It has a non-redistributed State Property tax, that lowers the property tax in your municipality and is even on second home - that equates to about 15% of State revenue (but not really because it stays local).
So do you want to tax businesses more heavily, because that will equate to higher local costs for services and products - further increasing the labor wages/salaries to be paid by your property taxes?
Increase sale taxes, because those also are a pass through that for most parts get absorbed by the same higher labor wage/salary gains and the property taxes?
In the past, we would build supply to the point to meet, slightly overcome, demand. That option doesn't exist. We tried with a bill that would allow manufactured homes on all residential property in the State. That would allow builders, electricians, plumbers, and other tradesman in States far from here to add to the local housing supply.
It didn't go anywhere.
Most sponsoring these bills are coming to a realization that incoming wealth with the scarcity of supply is going to push the assessments to a point that they can no longer afford their home.
Some are old enough to realize that their dependence on two benefit check Social Security as a primary means of retirement income guarantees that future.