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Originally Posted by rsmlp
NH has a 5% dividend tax from dollar one. It has the 6th highest electricity rates in the country and on average one of the highest RE property tax. True, no income tax or sales tax but don't forget crazy high registration tax and 9% meal and hotel tax.
Lower in general than most states but they gotta get $ from somewhere!
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Close...There is a $2400 exemption, so not dollar one. The budget passed this year phases out the I & D tax so it will be gone soon. The Meals and Rooms tax was reduced to 8.5% as of Oct. 1, 2021. Business taxes have alo been reduced as we meet certain revenue thresholds.
Some smaller towns have done good job of encouraging landowners to put current use land into conservation easements which limits development....if that's what you want to do.