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#1 |
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Interesting article in Saturday’s (4/11) Boston Globe. The article states that “Granite Staters paid approximately $3,388 per person in property taxes in 2022, the second-highest level in the country.” It goes on to state that residents with the lowest incomes pay about 3.9% more of their income on property taxes than the highest earners.
Seems to make a good argument for an income tax IF there could be an agreement to proportionately reduce property taxes. And that will only happen in my dreams! |
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#2 |
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Lower income people pay a higher portion of their income on everything they purchase: food. clothes, cars, etc. That's just how math works if a product or service is offered at a fixed price and not scaled. I think (hope) an income tax faces an uphill battle in this state. At least property taxes are established at the local government level where citizens are (or should be) involved along side their neighbors in how property taxes are spent. A state-run tax authority will eventually say "here's your income tax bill, like it or lump it..."
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#3 |
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I agree with your basic thesis but, when I think income tax, I think of a graduated tax so it is more proportional to your ability to pay. With regards to local control over property tax, most of what I have heard/read over the past year or so has been less than complimentary.
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#4 |
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Most states have an income tax.
If that is what one desires it can easily be found elsewhere. |
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#5 |
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Florida Governor Ron DeSantis wants to eliminate property taxes in Florida. New Hampshire could follow Florida but without a sales tax in NH there would be a real revenue problem! Government funding has to come from somewhere.
Florida's property tax elimination plan for 2026 could make Florida the first state with no income tax AND no property tax on homes. HJR 203 passed the House 80-30 but died in the Senate when the regular session ended March 13. A special session is set for the week of April 20. https://www.propertyexemption.com/gu...tion-desantis/ |
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#6 | |
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Please don't say cut waste or spending significantly as, lets be honest, there is no stomach for it. DOGE and the Trump administration swept in (Trump for the second time) and guess what? The deficit continues to go up and all the hype about waste and inefficiencies did not pan out. Are we ever going to get serious or are we going to continue to blame "the other", advocate for our needs while calling the needs of others waste and continue down the unsustainable path we are on? Sadly, I don't see meaningful conversations let along change anywhere on the horizon. |
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#7 |
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Couple of basics.
Income taxes cannot be "graduated" in NH; our State Constitution does not allow for it. Also the tax would fall on residents, while non-resident property owners would see tax relief. Not a very bright idea to win elections. As for the Florida proposal... "HJR 203: Phased Elimination Over 10 Years PASSED HOUSE 80-30 (Feb 19, 2026) | Died in Senate (Mar 13) | Special Session Apr 20 Sponsor: Rep. Monique Miller (R-Palm Bay) Potential Impact: This proposal takes a gradual approach, increasing the homestead exemption by $100,000 annually for ten years, reaching complete elimination of non-school taxes by January 1, 2037. For a homeowner with a $400,000 assessed value, they'd see incremental savings growing each year - potentially $1,000-1,500 in year one, increasing annually until reaching full elimination of non-school taxes in year ten. The phased approach spreads the revenue impact over a decade, giving local governments and the state time to develop alternative revenue sources and adjust spending." Not sure this would be found constitutional in NH either, as it would affect local financing and may violate Part First Article 28-a. The State legislature could remove by exemption under a homestead-style plan the SWEPT on residents. But it would need to be crafted to protect renters, businesses, etc or have a much larger impact than intended. Even then, the SWEPT is so low as to not provide an exceptional level of tax reduction even to those that found relief under it. The relatively low levels of State taxation would require them to raise the rate and then implement such a plan; again with much more of an impact than they might intend. This is why several "targeted" proposals rather than a "general" taxation with exemptions is what the State Legislature discusses. I did see a private citizen write to the Berlin Daily Sun suggesting an "enhanced" taxation for tourism *Meals & Room*; but I think that if the State could just enforce the current rate on STRs, that may accomplish more than one thinks. They could also remove mandates so they would not need to keep making testimony before the courts that they are not fully funding mandates as required by Part First Article 28-a. Not sure how anyone can take an oath before God and then willing ignore that article; maybe Hell isn't as bad as I imagine it to be. |
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#8 | |
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#9 |
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Tax shifting...
Would be tax-free: Your primary residence (homesteaded) Condominiums and townhomes (if homesteaded) Would pick up the extra taxes to cover the budget cost of services: Vacation and second homes Rental and investment properties Commercial real estate Vacant land and lots |
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#10 | |
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Give the State more money and they will find a way to spend it all! |
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#11 |
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For sure. I wonder if a sales tax is an anchor on large purchases. I know when I lived in MA, I put off buying big ticket items as long as possible (or went across the border to NH to get them if they were transportable). This was especially true of car purchases. It always chapped me to have to fork over thousands to put a new (or new to me) car on the road. Then fill it up with gasoline that is heavily taxed, then not long after that the town excise tax bill would turn up. Taxes on top of taxes on top of taxes... there's even a federal excise tax on your tires in many cases!
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#12 | |
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#13 | |
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#14 | |
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I working in a school. When townspeople hear how expensive some services, required by law, are, they are outraged. Yet when their child needs something, they sings a different tune. This exact thing happened in my school district recently. |
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#16 |
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Our constitutional article 28-a essentially says the legislature can't mandate programs without paying for them. However, there is an exception for programs that existed before 28-a was enacted. And, if the going price for said service is $2.00, local districts often find ways to enhance the program once it is place and the cost goes to $4.00. Around 2000, there was a big push for kindergarten in public schools. First, half -day, then full day. There are some educational plusses here, but many voted for it because it relieved them of the cost of day care for their little ones. Totally ignored the fact that now they were paying for day care for the rest of their lives, not just while their kids were preschool age. The tendency over the last six decades, has been for schools to increase services and accreditation requirements. A few years ago our local high school "had to" build a track because we crossed an enrollment threshold and a track was required to remain accredited. Enrollment has gone down, but we will spend hundreds of thousands every few years to maintain/rebuild the track.
As long as Representatives and Senators campaign on a basis of "look what I got for you" instead of "look how I cut your taxes" we will be in an upward spending spiral. There is a CACR (Constitutional Amendment Concurrent Resolution) pending this year. If it passes, a constitutional amendment will be added to prohibit income tax in NH. It will be interesting to see how that affects the BPT for independent lawyers, and accountants, or trades people who essentially pay an income tax on a private practice. I could see property tax relief in the form of a reverse mortgage. Let the accumulated unpaid tax for certain elders build up and pay it with interest when you move out and sell the house. |
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#17 | |
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NH uses a direct format rather than a general with exemptions. |
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#18 | |
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In 2000, tourism was about 8% of the economy, today it is about 3.5% |
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#19 | |
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#20 |
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As towns limit the amount of vacation rentals, this will continue.
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#21 |
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A sales tax catches unreported income from cash transactions, like drug dealers, hookers and others who work for "under-the-table" cash.
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#22 | |
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When I make expensive purhaces I make them in NH or have them delivered to my home in NH. Last edited by Biggd; 04-12-2026 at 03:01 PM. |
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#23 | |
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They count everything whether you come here for the weekend, the season, or even live here. What they may be missing is things like miniature golf. And we do have sales taxes. I pointed that out. It is why I do not pay a tax at the market for food that I will prepare at home (a need) as compared to the restaurant will the prepared food (a want). Other State apply a general sales tax and then an exemption for the market; which just direct the sales tax. |
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#24 | |
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Sent from my iPhone using Winnipesaukee Forum mobile app |
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#25 | |
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Which is why DeSantis is making a proposal were all the property taxes would be moved toward those properties and thus make them worthwhile for the localities to harbor. Currently, local residents feel that the costs are being socialized and the revenue is being privatized. Under their limited empowerment, removing the STRs increases the value of re-establishing hotel, motel, cottage colonies, etc. DeSantis' proposal changes that thinking around. |
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#26 | |
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#27 | |
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DeSantis does not have a real proposal yet to eliminate property tax, it's more of an idea. To make up the lost revenue, guess what has to go up? Sales tax. |
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#28 | |
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Or maybe when your house is burning down it's up to you to pay the fire department, or only people who have children in the school should have to pay. It's kind of the approach we take with healthcare - if you choose not to have it you are on the hook for the cost of the service provided |
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#29 | |
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#30 |
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I believe out-of-state students were allowed to vote in NH up until recently.
As an out-of-state New Hampshire taxpayer, I have always resented not being able to vote on issues that affect me greatly. My property tax in San Francisco is approx. 1/4 of my NH tax. In NH I get very little in return.
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#31 |
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The effect of COVID on property values was astronomical. Didn't this create an economic windfall for towns?
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#32 |
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They had to reside here.
There was a debate about residing here, as they could not claim in-state tuition until their second year. |
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#33 | |
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It only made the tax rates drop. But it isn't COVID that did it. I, and others, had been predicting it since 2003 as Boomers reached retirement age and were no longer tied to urban centers for their career. The rise in the cost of housing predicates a rise in salaries, and since the municipalities are highly affected by salaries directly and through the cost of items, it created higher budgets. The budgets have a delay function due to the cycles being elongated, but when they hit... well... this is what Meredith is dealing with. |
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#34 | |
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Taxes would go down on residents of the State, and up on all other properties to make up the difference. The budgets would remain the budgets... just the tax rate on the remaining taxable properties would surge. |
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#35 |
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You are correct on the idea but the reality is to make up the difference additional revenue - sales tax - will be needed.
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#36 |
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#37 |
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But the budgets go up! They have to because of inflation!
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#38 |
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As this conversation evolves a few things come to mind:
The op posted about NH property taxes being high. When compared to other states this may be the case but what is the total tax load on our citizens? How does that compare to other states? At the age of fifty-seven I moved from CT to NH. During my time in CT I watched the state go from having a small sales tax without an income tax to a growing sales tax which is currently 6.35% (with the exception of "luxury items" to include vehicles over $50k which are taxed at 7.75%) plus a meals tax at 7.35% and an income tax with rates ranging from 2% to 6.99%. When I compare the property taxes of comparable homes in my previous CT town, they are at or above what I pay now in high tax Laconia. But that's not the end of it. On top of the property tax bill, CT residents get to pay the sales tax and income tax noted above! Once the government gets the opportunity to add another tax they find ways to spend the money. More money brings more programs, often unnecessary ones, that can be used to influence more voters. This cycle feeds itself. My observation of NH tax policy is that the state and local governments are held in a perpetual state of near starvation. Many would say that this is to the detriment of education and other services. This may be so but having seen what can happen when the Pandora's box of income tax is opened I say DON'T DO IT! |
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#39 | |
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People that own second homes aren't renting rooms and eating out as much. I'd be curious as to what the increase in second home purchases has been since 2000. |
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#40 | |
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#41 | |
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Same as NH. If the total property assessment is $10 billion, and the budget is $10 million. That is $1 per thousand for the rate on the valuation of each property. If I remove $8 billion in residential valuation, then the budget of $10 million changes the rate to $5 per thousand. The money is made up through the remaining property valuations that exist on the tax rolls. The owner with the taxable property - lets say a second home - sees their taxes increase to five times what it would have been. |
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#42 |
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#43 | |
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We knew this for years as many would rent their homes for Bike Week, but never file a Meals & Room taxation form. That removes the money from the hotel/motel, but doesn't substitute out at the State treasury. Laconia's change to require that, hopefully with the penalty being tax evasion and some time in prison, may get that back under control. As other municipalities will follow. Whether they rent the whole structure or just a room for just a day, a weekend, a week, or a month will make no difference... they all must file and pay the tax. The reason for the drop is largely snowmobiling. Snowmobiling accounted for roughly 25% of the number in 2000. It peaked at 78000 registrations around 2003. It has declined by more than 50% of users, and revenue is even lower. About 80% of the revenue was from residents and second home owners in NH going all the way back to 2000. That hasn't changed much. |
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#44 | |
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#45 | |
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#46 | |
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#47 |
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It is why I consider it a bad idea.
Populism can get one elected, but seldom has decent long term results. It ignores economics and sociology. Of course, the increase in residents may supply Florida with more House seats after the next census, and would entail them to more federal funds. Last edited by John Mercier; 04-13-2026 at 07:49 AM. Reason: Added thought |
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#48 |
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I guess my basic issue with the NH philosophy is we are always looking for ways to shift our burden to others. We want non-resident home owners to pay for educating our children even though they already pay for educating their children in their residential location. We demand that island vacation home renters pay to plow our streets even though they have none. ETC. And on top of that we don’t let them have a say in how the local part of the taxes are spent or allow exemptions for services not received. I guess it is a “whose ox is being gored” thought process and really being driven by the tremendous increase in costs over the past few decades. In the long run it may actually drive non-resident second home owners out of the state and shift the burden back to the residents. But then, we have achieved our goal of pushing costs onto others. They just happen to be future generations.
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#49 |
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Take a look at this NHPR article. Value added tax system looks a lot favorable.
https://www.nhpr.org/nh-news/2026-04...e-report-taxes
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#50 | |
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#51 |
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The intent of our Founders was for conservative capitalism.
More effort put into production and conservation of resources. Sort of Needs vs Wants. I need shelter. I want a McMansion. I need shelter. I want to live on the lake. I need shelter. I want to have a second home. |
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#52 |
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We are going through a similar exercise with our law firm. We lost a relatively large client (through no fault of anyone at the firm), which lead to a revenue shortfall for the 2026 budget. It's hard to cut your way out of budgetary crisis but demanding times require demanding decisions.
One benefit of the DOGE exercise is that there is plenty of room to reduce our Federal, State and Local budgets. Our government is way beyond in scope and size than anything our founding fathers could imagine. We look to our government to fix our personal problems not to manage the infrastructure to enable us the opportunity to succeed. My grandparents were probably like most grandparents to members of this forum. Both sets owned a home, had one car, had one job with the spouse working modest jobs once the kids left the house. Both sets of grandparents retired around 65 years old. They had no pensions but actually saved money on social security. I realize expenses are in hyperdrive right now, but we as a society where we "need" everything. There are not "wants," everything is a "need." My grandparents could not afford cable when it came in the 1970s; they lived with the rabbit ear antenna on the TV. My grandparents could not afford cell phones when they came out in the 1990s; they relied on their home phones. We do not have a revenue problem. We have a spending problem. |
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#53 |
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My father in-law used to say, when people talked about the good old days, "the good old days weren't that good'.
I'm 72 and I look back fondly on my childhood, but I don't want to go backwards. Today is the first day of the rest of your life, make it a good one! |
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#54 | |
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Because of NHs make up, property tax, would always need to be in place at some level.....so I don't think there would be relief there.... While I am on this train of thought... I have always proposed that what NH needs is not income tax, but rather sales tax, like property tax it hits everyone the same.... NH has serious funding issues.... the system in place is not and has not been sufficient for quite a while.... Unfortuantely if the politicians only focus on being re-elected it is never going to be change... oh wait the idea behind state lawmakers not make a salary was supposed to help with that..... At the end of the Day, NH is just as broken as most other states.....
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#55 | |
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#56 |
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#57 | |
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Descant (04-14-2026) | ||
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#58 |
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Budgets are made up of dollars and cents, when, in fact, they should be made up of dollars and sense.
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Major (04-13-2026) | ||
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#59 |
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I don't think I was pining for the good old days or said that my grandparents era was better than ours. My point is that our values have changed. As a society, we don't live within our means. Like John said, we want the McMansion when we can't afford it. We feel that it is somehow deserved, not earned.
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WinnisquamZ (04-13-2026) | ||
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#60 | |
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#61 | |
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#62 |
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The top 10% of wage earners pay more tax now than any time in U.S. history, including when the highest tax rate was 90%. While individual tax rates were much higher in the mid-20th century, a smaller portion of the population fell into those high brackets, and many used deductions to lower their actual tax burdens. We are taxing our high wage earners at an unfair amount. Our federal government would collect far more taxes if it had a flat tax, e.g., 15%, across the board with no deductions. Nearly half of all Americans pay no federal income taxes. This would have the added benefit that everyone is paying their fair share and has skin in the game.
Back to the topic at hand, let's hope and pray that the NH legislature resists the urge of implementing either an income or sales tax. (Although selfishly speaking, I would prefer that they implement an income tax since I pay Mass state income tax anyway.) Expense reduction is the key. |
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#63 | |
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#64 | |
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We need about 23% with an additional percentage to get the debt down. |
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#65 | |
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As was said earlier in the thread, we have a spending problem not a revenue problem... |
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tis (04-13-2026) | ||
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#66 | |
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If you see someone approaching with a rope; move away from the tree. Nothing really broken... just voters upset with their lot in life and looking for scapegoats. |
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#67 | |
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It isn't a generational thing, it is human nature. Do you know why the modern farmhouse-style is black/black windows? Farmers used to have to repaint sashes every few years as part of their maintenance. Some could afford much large pieces of glass developed through new processes. Those that could not would paint them black/black to make the muntins (grilles that held the glass) disappear. The eye would perceive them less with the dark color. This type of keeping up has been around forever. We just don't have the correct incentives to make society more productive and less consumptive for long term trends. Government restrictions can make that happen. |
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#68 | |
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The end result is that maybe NH's reliance on property tax is the way to go. Choose to live in a low value home, pay less. Can't afford to keep paying your taxes. move somewhere else. Let the voters decide the budget and tax accordingly Last edited by Garcia; 04-13-2026 at 02:05 PM. Reason: typo |
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#69 |
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Death and taxes, two things you can never outrun but will run out on you.
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#70 |
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This recent report from the NH Fiscal Policy Institute provides a detailed look at the makeup of New Hampshire’s tax structure as related to local property taxes. It also provides comparisons with other states.
PROPERTY TAXES IN NEW HAMPSHIRE: HOW THEY WORK AND HOW THEY COMPARE
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#71 |
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The shift from State revenue to local revenue was planned in some areas.
Subsidies, especially long term ones, can be serious financial issues. In one case, the State was picking up more of the cost of pension benefits. That basically subsidizes the cost of a municipal employee and leads to the municipality being a bit lax in negotiations. It is important to understand that the Part First Article 28-a change was to keep the State from mandating costs that it would not bear the burden of taxation for. Same can be stated for the municipalities. |
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#72 |
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Are short term rentals through AirBnb and Verbo paying NH Rooms and Meals tax like they are required to by law? I know in the early days of short term rentals, they were not. Hotels collect the tax. They are at a disadvantage if homeowners are not collecting it. The state is missing a chunk of revenue if it doesn't pursue this.
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#73 | |
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#74 | |
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#75 |
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I can name three rentals on my road in Laconia. Each not permitted. Permits are public records. Each have rented for years and little to no problems so we pay no attention.
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#76 |
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So no M&R or BET/BPT taxes collected, and no inspections to determine if they meet at least the basic rental standards that a LTR would need.
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#77 | |
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The city knows they are rented without permits but allows them to continue. As I noted earlier, little to no issues over the past decade and owners are involved in the neighborhood. Sent from my iPhone using Winnipesaukee Forum mobile app |
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#78 | |
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#79 |
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Does VRBO do the same thing?
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#80 |
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STATE REVENUE ONLY. NOT LOCAL TAXES. BUT WORTHY OF NOTE
NH total collected taxes 10 yr graph NH year-to-year change in collected taxes, 10 yr graph (total each year is the blue bar) year-to-year change in collected taxes 10 year graph (year-to-year change is the tiny bar at the end of each year) Source https://fred.stlouisfed.org/ Still recovering from eliminating income and dividends tax. Ayotte et al are cheering for (and working hard to) increase gambling revenue to make-upthe difference. |
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#81 |
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https://www.nhmunicipal.org/sites/de...palities_0.pdf
Page 7 and 8 is what they are talking about for M&R. Prior to 2021, it was being defrayed to State costs. It is now set as a percentage, but if not everyone that is supposed to pay is paying; the others in the same business model are at a disadvantage. Lots of other little items to think about for policy; but those are more a local issue that the State may only need to considered based on allowing local control in some sense. |
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#82 |
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I found this interesting.
Overall Rank State Total Tax Burden (%) Property Tax Burden (%) Individual Income Tax Burden (%) Total Sales & Excise Tax Burden (%) 1 Hawaii 13.30% 2.62% (25) 3.20% (7) 7.48% (1) 2 New York 12.39% 4.22% (4) 4.65% (2) 3.53% (23) 3 Vermont 11.10% 4.89% (1) 2.75% (14) 3.46% (26) 4 New Mexico 10.75% 2.22% (36) 2.25% (28) 6.28% (3) 5 Maine 10.01% 3.95% (5) 2.71% (15) 3.35% (29) 6 Illinois 9.92% 3.75% (6) 2.40% (24) 3.77% (18) 7 Maryland 9.70% 2.54% (29) 4.28% (3) 2.88% (40) 8 New Jersey 9.52% 4.38% (2) 2.42% (22) 2.72% (43) 9 Oregon 9.46% 2.96% (17) 4.76% (1) 1.74% (46) 10 Rhode Island 9.29% 3.67% (7) 2.16% (30) 3.47% (25) 11 California 9.24% 2.89% (20) 3.03% (11) 3.32% (30) 12 Iowa 9.21% 3.32% (12) 2.36% (27) 3.53% (22) 13 Kansas 9.20% 2.92% (19) 2.40% (23) 3.87% (17) 14 Indiana 9.12% 2.15% (38) 3.05% (10) 3.91% (14) 15 Minnesota 9.08% 2.47% (32) 3.34% (6) 3.27% (33) 16 Ohio 9.05% 2.62% (24) 2.54% (19) 3.88% (16) 17 Connecticut 9.00% 3.66% (8) 2.69% (16) 2.65% (44) 18 West Virginia 8.89% 2.10% (39) 2.87% (13) 3.92% (13) 19 Utah 8.87% 2.21% (37) 2.92% (12) 3.73% (20) 20 Mississippi 8.84% 2.59% (26) 1.65% (38) 4.60% (8) 21 Massachusetts 8.82% 3.33% (11) 3.45% (5) 2.04% (45) 22 Louisiana 8.82% 1.84% (45) 1.73% (37) 5.25% (5) 23 Kentucky 8.76% 1.95% (41) 3.15% (8) 3.66% (21) 24 Pennsylvania 8.47% 2.59% (27) 2.65% (17) 3.23% (34) 25 Washington 8.47% 2.47% (31) 0.13% (43) 5.87% (4) 26 Arkansas 8.44% 1.59% (49) 1.81% (35) 5.04% (6) 27 Nevada 8.37% 2.09% (40) 0.00% (45) 6.28% (2) 28 Virginia 8.26% 2.92% (18) 2.58% (18) 2.75% (42) 29 Nebraska 8.16% 3.22% (14) 2.11% (31) 2.82% (41) 30 Georgia 8.15% 2.68% (23) 2.51% (20) 2.97% (38) 31 Wisconsin 8.12% 2.84% (21) 2.39% (25) 2.89% (39) 32 Michigan 7.98% 2.99% (16) 2.00% (32) 2.99% (37) 33 Alabama 7.93% 1.40% (50) 2.17% (29) 4.36% (9) 34 Missouri 7.84% 2.35% (33) 2.38% (26) 3.11% (35) 35 North Carolina 7.81% 1.92% (44) 2.49% (21) 3.41% (27) 36 Texas 7.69% 3.43% (9) 0.00% (45) 4.27% (11) 37 Colorado 7.56% 2.77% (22) 1.43% (39) 3.36% (28) 38 South Carolina 7.49% 2.56% (28) 1.86% (33) 3.07% (36) 39 Montana 7.29% 3.04% (15) 3.05% (9) 1.20% (48) 40 Arizona 7.24% 1.95% (42) 1.01% (40) 4.28% (10) 41 Oklahoma 7.05% 1.78% (46) 1.78% (36) 3.50% (24) 42 Idaho 7.04% 1.92% (43) 1.84% (34) 3.29% (31) 43 North Dakota 7.02% 2.23% (35) 0.88% (41) 3.91% (15) 44 Wyoming 6.70% 3.42% (10) 0.00% (45) 3.28% (32) 45 South Dakota 6.38% 2.32% (34) 0.00% (45) 4.06% (12) 46 Delaware 6.28% 1.67% (47) 3.62% (4) 0.98% (49) 47 Florida 6.27% 2.52% (30) 0.00% (45) 3.74% (19) 48 Tennessee 6.21% 1.60% (48) 0.00% (44) 4.61% (7) 49 New Hampshire 5.38% 4.33% (3) 0.13% (42) 0.91% (50) 50 Alaska 4.92% 3.32% (13) 0.00% (45) 1.60% (47) Total tax burden Hawaii has the highest total tax burden, with residents paying out over 13% of their income to state and local governments. That includes 3.2% on income taxes, 2.6% on property taxes, and 7.5% in sales and excise taxes. Alaska has the lowest total tax burden, as its residents pay no income tax. They also pay out only 3.3% of their income in property taxes and 1.6% in sales and excise taxes, for a total of 4.9%. Income tax burden Oregon has the costliest state and local income taxes in the nation, at 4.8% of its residents’ income. On the flip side, Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, and Wyoming do not charge any income tax. This makes them attractive states to move to, WalletHub says. Property tax burden Vermont charges the most in property taxes, at 4.9% of residents’ income. All states have some sort of property tax, but Alabama’s is by far the lowest, at just 1.4%. Sales and excise tax burden Residents of Hawaii pay out around 7.5% of their income in sales and excise taxes every year. New Hampshire residents have the lowest burden—the state does not charge a general sales tax, and other excise taxes only work out to less than 1% of the average resident’s income each year, WalletHub says. Photo credit: erhui1979/iStock Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more... Subscribe |
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#83 |
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It is different in that the state of NH wants to double the RE TAX on second/vacation homes to reduce taxes on state residents. As far as the fireboat goes - while the fire department response may actually save a mainland property, the fireboat, not so much. But islanders probably are more than happy to pay for it but would consider an abatement for the school portion of taxes fair.
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#84 | |
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#85 |
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Well, Gianforte and DeSantis are not kids.
And they are using the same approach. The only real question is will it be absorbed at the State level or local. |
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#86 | |
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#87 |
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What we have now is working. If it ain't broke don't fix it. The key is to limit government spending. That will keep taxes low. Keep the bureaucracy from getting bloated.
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#88 |
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Technically, it is broke.
Just no one is sure of the fix. |
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