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Old 03-21-2019, 03:43 PM   #1
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Default New Hampshire State Ranking

The site 24/7 Wall Street rated all of the states as best and worst to live in. New Hampshire came in 2nd and Massachusetts came in first. Nice area to be in!

To identify the best and worst states to live in, 24/7 Wall St. constructed an index comprised of three socioeconomic measures for each state: poverty rate, the percentage of adults who have at least a bachelor’s degree, and life expectancy at birth.

https://247wallst.com/special-report...-to-live-in-3/

2. New Hampshire
> 10-yr. population change: +2.0% (6th smallest increase)
> Annual unemployment: 2.7% (3rd lowest)
> Poverty rate: 7.7% (the lowest)
> Life expectancy at birth: 80.2 years (9th longest)

New Hampshire has one of the strongest job markets in the nation with only 2.7% of the labor force out of work — the third lowest unemployment rate nationwide. People who have consistent work are more likely to earn incomes that exceed the poverty level. In New Hampshire, this appears to be the case. The median annual household income of $73,381 is about $10,000 more than the median nationwide. New Hampshire also has the lowest poverty rate in the nation, with only 7.7% of the population living in poverty. This is well below the national poverty rate of 13.4%.

New Hampshire is also one of the most crime-free states. In the United States, there were 2,362 property crimes per 100,000 people, but in New Hampshire, there were just 1,382 property crimes per every 100,000 people.


1. Massachusetts
> 10-yr. population change: +6.4% (21st smallest increase)
> Annual unemployment: 3.7% (18th lowest)
> Poverty rate: 10.5% (10th lowest)
> Life expectancy at birth: 80.4 years (5th longest)

Massachusetts is America’s best state to live for many reasons. State adults are the best educated in the country, as 43.4% hold at least a bachelor’s degree. This high level of educational attainment sets these residents up for higher paying positions in their career. Massachusetts has the fourth highest median household income, at $77,385 a year. The state’s poverty rate of 10.5% is well below the U.S. rate.

Massachusetts also has some of the best health outcomes in the country, possibly because residents are the most likely to have health insurance. Nationwide, 8.7% of people lack health insurance. In Massachusetts, just 2.8% lack insurance. The state also has among the highest concentrations of doctors, dentists, and mental health professionals per capita. Massachusetts’ life expectancy of 80.4 years is the fifth highest nationwide.
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Old 03-21-2019, 03:46 PM   #2
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Say what??? 2nd to Mass is good??
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Old 03-21-2019, 05:14 PM   #3
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Massachusetts has a population of 6.9-million people, while New Hampshire has a population of 1.35-million people.

Have you seen the parking meters in Boston with the red and green warning lights that let a meter maid know if the meter is unpaid from a distance.

Am very happy with the 1972-vintage, Plymouth, NH parking meters that accept 5-cents/12-minutes, and 25-cents/hour ...... but would really like to see that changed to 25-cents/75-minutes for a quantity NH discount. I got a ticket last year for an unpaid parking meter, and it cost me 10-dollars ...... outrageous!

Live Free or Die ....... too bad for Boston ......... 25-cents/60-minutes!!!!! ....

Does Meredith even have any parking meters ...... probably not? Maybe Meredith could install one of those kiosk meters in the new laundramat parking lot, plus for boat trailer parking, as a way to make some needed town revenue.
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Old 03-21-2019, 06:46 PM   #4
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Could it be the infiltration of Massholes? Republicans used to be able to count on CowHampshire


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Old 03-21-2019, 07:51 PM   #5
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Talking about the NH-Republicans ..... aren't they why NH has a $7.25-minimum wage, while Mass now has a $12.00-minimum wage that's pegged to go up to $15.00 in January, 2023.

New Hampshire-7.25/hr ..... Live poor and die right here in New Hampshire!

Maine-11.00/hr

Vermont-10.78/hr

Massachusetts-12.00/hr

Quebec-13.85/hr

Is a good thing New Hampshire is so close to Massachusetts, because Mass is where the big money is made, as well as all the big traffic jams on the Mass roads. Central New Hampshire is cruise control country ..... just try to do cruise down in Mass.

Make it in Mass, spend it in NH, and drive going 70-mph just one half space back, while following from behind on Route 93. We may be a little slow, but we is ahead of you, and the speed limit north of Concord is 70-mph!
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Old 03-22-2019, 05:45 AM   #6
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Originally Posted by fatlazyless View Post
Talking about the NH-Republicans ..... aren't they why NH has a $7.25-minimum wage, while Mass now has a $12.00-minimum wage that's pegged to go up to $15.00 in January, 2023.

New Hampshire-7.25/hr ..... Live poor and die right here in New Hampshire!

Maine-11.00/hr

Vermont-10.78/hr

Massachusetts-12.00/hr

Quebec-13.85/hr

Is a good thing New Hampshire is so close to Massachusetts, because Mass is where the big money is made, as well as all the big traffic jams on the Mass roads. Central New Hampshire is cruise control country ..... just try to do cruise down in Mass.

Make it in Mass, spend it in NH, and drive going 70-mph just one half space back, while following from behind on Route 93. We may be a little slow, but we is ahead of you, and the speed limit north of Concord is 70-mph!
$7.25 ……..really? Try to hire someone for that with unemployment this low.
The minimum wage was never intended to be a living wage. It is an entry level wage mostly used for young seasonal workers.
The free market should be the determining factor and right now anyone in business is lucky to find an unskilled 14 year old summer employee for less than $9 or $10 an hour.
You've been to too many Bernie rallies
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Old 03-22-2019, 06:08 AM   #7
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What do speed limits and parking meters have to do with state ranking?


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Old 03-22-2019, 06:59 AM   #8
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Don't fear. NH has a bill to graduallyraise minimum wage to reach $12. in three years. And that will drive a lot of little businesses out so there will be no jobs for anybody. Look at Seattle, less hours and less jobs. Why do these politicians think they need to run every bit of our lives?
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Old 03-22-2019, 07:03 AM   #9
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Lots of valid points mentioned above. Wonder how it woks if your making a little above minimum wage currently and your boss cuts your pay because he is forced to pay all the under performers more.

A negative side effect is for folks on fixed incomes like SS. Hold on to your wallet. Thing will cost more.

It always sounds great for the politicians to claim we raised the minimum wage and how awesome we are for doing it. But in IMHO they always leave out that everyone else who does not get an increase gets a purchasing power decrease.
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Old 03-22-2019, 07:23 AM   #10
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$7.25 ……..really? Try to hire someone for that with unemployment this low.
The minimum wage was never intended to be a living wage. It is an entry level wage mostly used for young seasonal workers.
The free market should be the determining factor and right now anyone in business is lucky to find an unskilled 14 year old summer employee for less than $9 or $10 an hour.
You've been to too many Bernie rallies
You are absolutely right! No one gets paid minimum wage in NH! I can only pray the masses will find out Massachusetts is the best state to live in and move back there!!!
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Old 03-22-2019, 07:36 AM   #11
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Yes, Sam and swnoel you are absolutely right. The job market is so tight in NH, there is no way you could hire anybody for even close to minimum wage! These politicians just want to look good. It sounds good to people if they force higher wages. As the economy has gotten better under Trump, there is more business and therefore more need for workers. And that means you HAVE to pay more because of the demand. Why don't people just understand business and the economy?
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Old 03-22-2019, 07:52 AM   #12
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Don't fear. NH has a bill to graduallyraise minimum wage to reach $12. in three years. And that will drive a lot of little businesses out so there will be no jobs for anybody. Look at Seattle, less hours and less jobs. Why do these politicians think they need to run every bit of our lives?
Why, do you really think $12 an hour is a lot of money? Like everyone said, you would be hard pressed to find someone to work for that today.
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Old 03-22-2019, 08:05 AM   #13
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Default Tax Burden

As far as tax burdens, New Hampshire is a great place to live. New Hampshire has a total tax burden of about 7%. Tax burden measures the proportion of total personal income that residents pay toward state and local taxes, property taxes, individual income taxes and sales and excise taxes. NH ranks 46th in the US for total tax burden which is very good but the property tax rate is the 3rd highest in the nation. If you are a resident of New Hampshire you have it pretty good but if you are a resident of another state and own property in NH be prepared to pay very high property taxes.
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Old 03-22-2019, 08:12 AM   #14
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Lots of valid points mentioned above. Wonder how it woks if your making a little above minimum wage currently and your boss cuts your pay because he is forced to pay all the under performers more.

A negative side effect is for folks on fixed incomes like SS. Hold on to your wallet. Thing will cost more.

It always sounds great for the politicians to claim we raised the minimum wage and how awesome we are for doing it. But in IMHO they always leave out that everyone else who does not get an increase gets a purchasing power decrease.
I don't think any employer is going to cut your pay with the unemployment rate this low unless they want you to leave.
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Old 03-22-2019, 08:13 AM   #15
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As far as tax burdens, New Hampshire is a great place to live. New Hampshire has a total tax burden of about 7%. Tax burden measures the proportion of total personal income that residents pay toward state and local taxes, property taxes, individual income taxes and sales and excise taxes. NH ranks 46th in the US for total tax burden which is very good but the property tax rate is the 3rd highest in the nation. If you are a resident of New Hampshire you have it pretty good but if you are a resident of another state and own property in NH be prepared to pay very high property taxes.


Could you clarify your last comment? Why would my property tax in NH be higher if I am a resident on another state? Or are you just saying that the property tax is higher than most states? Honestly if you are not waterfront or waterview in NH property tax isn’t terry.


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Old 03-22-2019, 08:15 AM   #16
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Try living in NY CA NJ CT or even MA. With high income property and sales tax.


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Old 03-22-2019, 08:30 AM   #17
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Could you clarify your last comment? Why would my property tax in NH be higher if I am a resident on another state? Or are you just saying that the property tax is higher than most states? Honestly if you are not waterfront or waterview in NH property tax isn’t terry.
I am saying that the property taxes in NH are higher than most states (3rd highest in the nation). If you are a resident of NH the higher property taxes are offset by the absence of income and sales taxes.
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Old 03-22-2019, 09:07 AM   #18
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Talking about the NH-Republicans ..... aren't they why NH has a $7.25-minimum wage, while Mass now has a $12.00-minimum wage that's pegged to go up to $15.00 in January, 2023.

New Hampshire-7.25/hr ..... Live poor and die right here in New Hampshire!

Maine-11.00/hr

Vermont-10.78/hr

Massachusetts-12.00/hr

Quebec-13.85/hr

Is a good thing New Hampshire is so close to Massachusetts, because Mass is where the big money is made, as well as all the big traffic jams on the Mass roads. Central New Hampshire is cruise control country ..... just try to do cruise down in Mass.

Make it in Mass, spend it in NH, and drive going 70-mph just one half space back, while following from behind on Route 93. We may be a little slow, but we is ahead of you, and the speed limit north of Concord is 70-mph!
Say hay.... FLL... if you are SO concerned about people earning a living wage you do plan to stop shopping at Walmart because you certainly would not want to be a hypocrite and buy stuff produced in China where everything is pumped out of government controlled sweat shops right? Think those people that are forced to work there are given a "living wage"? LMAO!

I didn't think so!
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Old 03-22-2019, 09:26 AM   #19
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As far as tax burdens, New Hampshire is a great place to live. New Hampshire has a total tax burden of about 7%. Tax burden measures the proportion of total personal income that residents pay toward state and local taxes, property taxes, individual income taxes and sales and excise taxes. NH ranks 46th in the US for total tax burden which is very good but the property tax rate is the 3rd highest in the nation. If you are a resident of New Hampshire you have it pretty good but if you are a resident of another state and own property in NH be prepared to pay very high property taxes.
Property taxes in Ma are no bargain either. The only difference is the services you get, but those are slowly eroding away also. Things like trash pick up and school bus service that use to be free are now being charged a fee, in some towns.

As far as waterfront property taxes go, if you have waterfront in the state of Ma you are paying a high property tax also.
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Old 03-22-2019, 09:48 AM   #20
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Property taxes in Ma are no bargain either. The only difference is the services you get, but those are slowly eroding away also. Things like trash pick up and school bus service that use to be free are now being charged a fee, in some towns.

As far as waterfront property taxes go, if you have waterfront in the state of Ma you are paying a high property tax also.
Same everywhere, NY is no better if not much worse for waterfront
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Old 03-22-2019, 11:16 AM   #21
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I am saying that the property taxes in NH are higher than most states (3rd highest in the nation). If you are a resident of NH the higher property taxes are offset by the absence of income and sales taxes.
Unfortunately that means that the tax burden is not equally distributed! In Manchester for instance, 60% of property owners have no children in the school system! Doesn't sound fair to me, while many go about their ways not paying their fair share!!
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Old 03-22-2019, 11:42 AM   #22
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Unfortunately that means that the tax burden is not equally distributed! In Manchester for instance, 60% of property owners have no children in the school system! Doesn't sound fair to me, while many go about their ways not paying their fair share!!
So just out of curiosity how would you fix this?
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Old 03-22-2019, 11:55 AM   #23
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Try living in NY CA NJ CT or even MA. With high income property and sales tax.


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And don't forget about the MA Excise tax which MA residents have to pay every year on their vehicles; and it's $25.00 per thousand of your vehicle's value. Also add to that the fact that on average MA residents pay double what NH residents pay for auto insurance.
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Old 03-22-2019, 11:55 AM   #24
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Unfortunately that means that the tax burden is not equally distributed! In Manchester for instance, 60% of property owners have no children in the school system! Doesn't sound fair to me, while many go about their ways not paying their fair share!!
But odds are at some point in time they did have or will have children in the school system. It is as fair as it could possibly be and obviously this is the same situation no matter what state you reside in. If you starting billing residents who just have children in the school system what do you do with people that have second homes and do not reside in NH and what would the cost be to send your children to public school?
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Old 03-22-2019, 12:12 PM   #25
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In today's newspaper https://www.concordmonitor.com/senat...bills-24294126 .... now I need to read it before I can say something unbelievably intelligent .... except ..... the big question here is probably what will Gov Sununu do? ..... and that's a good question!

If and when it gets to the Governor's desk ..... will he veto it .... or what ..... seems like maybe he will let it become law but without actually signing it ..... basically by doing nothing .... and just letting the passed law set on his desk for ten days ..... so, how's that for an intelligent comment without having yet read today's Concord Monitor report.
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Old 03-22-2019, 12:20 PM   #26
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Smile NH State Ranking

I am here and want to be there, which proves everything I do is ass backwards.
Excise tax paid to Mass....I am on my third set of stabilizer bushings in 4 years.
The roads in Chelrose are like GM's off road proving grounds, Benghazi!
Melrose, the City in which I have resided for almost 50 years is now pushing an April 2nd override to the tune of 5.2 million, and talk about fiscal responsibility. Wait, do you balance your checkbook? Why can't they?
All of this and I am still Naked in Massachusetts!
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Old 03-22-2019, 02:08 PM   #27
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If you are a resident of New Hampshire you have it pretty good but if you are a resident of another state and own property in NH be prepared to pay very high property taxes.
Generally certainly true, but it really depends on which towns in NH and MA you own property in. They vary very significantly town to town. I pay more for property tax in MA than I do in NH and the NH property is actually worth more. Some NH towns are very frugal or have a generous (waterfront) tax base! I know someone in Rindge who's home is actually worth less than my NH property and he's paying more than twice what I pay in Tuftonboro. Location location location (applies to appeal as well as taxes).
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Old 03-22-2019, 02:11 PM   #28
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Don't fret. This year's legislature is on the fast track to remove NH from that #2 position.
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Old 03-22-2019, 02:38 PM   #29
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Generally certainly true, but it really depends on which towns in NH and MA you own property in. They vary very significantly town to town. I pay more for property tax in MA than I do in NH and the NH property is actually worth more. Some NH towns are very frugal or have a generous (waterfront) tax base! I know someone in Rindge who's home is actually worth less than my NH property and he's paying more than twice what I pay in Tuftonboro. Location location location (applies to appeal as well as taxes).
2018 Numbers...

https://www.revenue.nh.gov/mun-prop/...-tax-rates.pdf

The variation from best to worst is pretty staggering.

You're lucky Tuftonboro is pretty inexpensive comparatively speaking to the average.
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Old 03-22-2019, 04:05 PM   #30
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At $39.27, it looks like Berlin has the highest combined rate in NH, plus doesn't Berlin have a problem with buildings burning down or something. Is that because their owner cannot sell it and gets stuck paying property tax on a vacant, unable to sell building and just tries to cash out by burning it down and collecting the insurance?

Is that what happens in Berlin with its $39.27 combined rate? Welcome to Berlin, NH, the town where real estate is on fire!
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Old 03-22-2019, 04:20 PM   #31
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Look again, the highest is Claremont is $42.08
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Old 03-22-2019, 05:31 PM   #32
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The molehill has turned into a mountain!

I believe MOOSE TRACKS message- post #13- is meant to relate the fact that, if you solely live in NH, the high property taxes are balanced-out by the lack of all the other taxes levied by other states (not that we don't have other taxes).

In other words, if you own property in NH, AND claim residency in another state, you aren't realizing the "balanced-out" effect of solely residing in NH. Hence, you are paying (what some consider to be high property tax, AND all the taxes you pay in your residency state.
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Old 03-22-2019, 06:14 PM   #33
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The molehill has turned into a mountain!

I believe MOOSE TRACKS message- post #13- is meant to relate the fact that, if you solely live in NH, the high property taxes are balanced-out by the lack of all the other taxes levied by other states (not that we don't have other taxes).

In other words, if you own property in NH, AND claim residency in another state, you aren't realizing the "balanced-out" effect of solely residing in NH. Hence, you are paying (what some consider to be high property tax, AND all the taxes you pay in your residency state.
Yes, exactly.
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Old 03-22-2019, 06:20 PM   #34
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The molehill has turned into a mountain!



I believe MOOSE TRACKS message- post #13- is meant to relate the fact that, if you solely live in NH, the high property taxes are balanced-out by the lack of all the other taxes levied by other states (not that we don't have other taxes).



In other words, if you own property in NH, AND claim residency in another state, you aren't realizing the "balanced-out" effect of solely residing in NH. Hence, you are paying (what some consider to be high property tax, AND all the taxes you pay in your residency state.


Look at the property tax in neighboring states. If you are not waterfront in NH they are very reasonable. Even the commercial rates aren’t bad. My 30,000 sqft commercial building is only 30% higher in property tax than my home with a lake view. The average tax rate is skewed by waterfront and water view. The median average would be a better number for comparison.


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Old 03-22-2019, 06:43 PM   #35
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While all the surrounding states of Maine, Rhode Island, Mass, Conn, and Vermont have state income and state capital gains that gets funneled back to their individual towns, NH has no state income or state capital gains.

So, the common thread that runs throughout NH and bonds all the people in all the NH towns together is this lack of a state income and state capital gains. Plus, no state sales tax is an extra bonus.

New Hampshire: Live tax free or die!

Plus, your property tax gets deducted* off your federal income tax.

* $10,000-max federal deductible effective starting tax year 2018 ...
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Old 03-22-2019, 11:00 PM   #36
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Look at the property tax in neighboring states. If you are not waterfront in NH they are very reasonable. Even the commercial rates aren’t bad. My 30,000 sqft commercial building is only 30% higher in property tax than my home with a lake view. The average tax rate is skewed by waterfront and water view. The median average would be a better number for comparison.
New Hampshire as a whole has the 3rd highest effective property tax rate in the nation.
https://wallethub.com/edu/states-wit...y-taxes/11585/
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Old 03-23-2019, 12:24 AM   #37
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New Hampshire as a whole has the 3rd highest effective property tax rate in the nation.

https://wallethub.com/edu/states-wit...y-taxes/11585/


Yes I understand that but I’d like to know what it would be without the waterfront property rate


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Old 03-23-2019, 01:06 AM   #38
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Yes I understand that but I’d like to know what it would be without the waterfront property rate


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The property tax rate is the same for all real property within a town regardless of whether it is waterfront. The tax on waterfront property is higher because the property is worth more. Towns (like Moultonborough) with a lot of waterfront property have a lower tax rate because the costs of government are spread over a much larger tax base than towns with property that has a lower average market value.
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Old 03-23-2019, 05:18 AM   #39
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... published Thursday, March 21, 2019 at 5:48:18-pm by the Concord Monitor.

Hey .... got it to work .... had separate incorrectly spelled as seperate ..... that was an easy fix!

So, is this good or bad or what and does it make any difference to anyone? With our New Hampshire super strong, super-duper, mega-fabulous, incredibly unbelievable, totally huge economy ..... is so easy to get a job ..... is just that you need three different jobs to pay all your bills. You got your regular NH job, your other NH job, and your side NH job ........ a NH job, a NH job, and a NH job ...... to get it done ..... in this super strong NH economy!

See .....if you is smart, or just lucky, you could hope to get a Massachusetts job, while living in super-strong economy New Hampshire.
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Old 03-23-2019, 06:50 AM   #40
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Hey FLL: How did you get a FREE subscription to the Concord Monitor? (or who paid for the subscription for you?)

One thing that helps most minimum wage workers in New Hampshire is a higher take home pay because of the lack of a state income tax. Also, that take home pay may result in more spending power because there is no sales tax. And, if they own a car, New Hampshire car insurance is about half of what it is in most other states.

The minimum wage is not enough to support a family, nor should it be. Business owners can hire entry level workers at this rate and raise wages as the employee learns skills and contributes more to the success of the business. Any business would be foolish if they did not raise wages accordingly to retain good help. That is especially true now with the economy strong and good, hard working, employees becoming harder to find.
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Old 03-23-2019, 07:19 AM   #41
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Notice on your property tax bill what the state school tax portion is. The towns with lakefront property pay more to the state for school tax. And they would like us to pay more.
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Old 03-23-2019, 07:43 AM   #42
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Notice on your property tax bill what the state school tax portion is. The towns with lakefront property pay more to the state for school tax. And they would like us to pay more.
yep... it's a percentage.... 60% OF $2000 = $1200
60% OF $12000 = $7200

Please sell your 1.2 million dollar water front home for a $75000 double wide in a mobile home park then you won't be asked to pay more!
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Old 03-23-2019, 07:44 AM   #43
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yep... it's a percentage.... 60% OF $2000 = $1200
60% OF $12000 = $7200

Please sell your 1.2 million dollar water front home for a $75000 double wide in a mobile home park then you won't be asked to pay more!
You are right. We don't have to live on the water if we don't want to pay the tax.
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Old 03-23-2019, 08:01 AM   #44
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From 1913 to 2018, for the last 105-years, real estate people in NH have been tell'n their prospect clients that all that property tax gets deducted from their federal income tax .... anyway you count it ..... so's it don't really matter ..... and, thank-you Uncle Sam!
..........

....and no, I don't have a paid subscription to the Concord Monitor, yet this link above is working? Seems like a very timely news article on the NH legislature's recent vote on two minimum wage increase proposals.
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Old 03-23-2019, 09:02 PM   #45
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See .....if you is smart, or just lucky, you could hope to get a Massachusetts job, while living in super-strong economy New Hampshire.

LMAO - I guess I should consider myself "lucky" working in Massachusetts and living in NH. Great huh? Oh but wait.... I hate to break it to you I have to pay the same 5.1% income tax to Massachusetts just like any other Massachusetts resident.
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Old 03-23-2019, 09:12 PM   #46
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From 1913 to 2018, for the last 105-years, real estate people in NH have been tell'n their prospect clients that all that property tax gets deducted from their federal income tax .... anyway you count it ..... so's it don't really matter ..... and, thank-you Uncle Sam!
..........

....and no, I don't have a paid subscription to the Concord Monitor, yet this link above is working? Seems like a very timely news article on the NH legislature's recent vote on two minimum wage increase proposals.
You still can - up to 10K after that you can't. In fact you should be happy about this, it's capped at the same amount for everyone. Why are you so critical of this? After all if your property tax is over 10K you're surely rich and as the Democrats love to say the rich need to pay their "fair share" so this prevents "rich" people from deducting more than "poor" people. This is exactly what you want. Or do you? What... you upset when it hits you in the pocketbook? Awe that's to bad now isn't it.
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Old 03-23-2019, 09:27 PM   #47
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You still can - up to 10K after that you can't. In fact you should be happy about this, it's capped at the same amount for everyone. Why are you so critical of this? After all if your property tax is over 10K you're surely rich and as the Democrats love to say the rich need to pay their "fair share" so this prevents "rich" people from deducting more than "poor" people. This is exactly what you want. Or do you? What... you upset when it hits you in the pocketbook? Awe that's to bad now isn't it.


I can tell you this. I’ve done over 150 personal returns so far this season and the $10,000 Really has not affected many of my clients. Basically due to the fact that the effective tax rate is lower and the child credit is higher. what I have noticed is that the refunds are tending to be smaller because the withholding charts have changed and people are taking home more during the week in their paycheck resulting in smaller refunds


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Old 03-24-2019, 06:44 AM   #48
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Joey, thanks for posting that. I am amazed that so many people just don't seem to get the connections between what they have taken out of their pay check and what they actually owe. I couldn't tell you how many times I have read that people are paying more this year because they just don't understand they didn't have enough taken out of their pay each pay period.
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Old 03-24-2019, 06:53 AM   #49
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Joey, thanks for posting that. I am amazed that so many people just don't seem to get the connections between what they have taken out of their pay check and what they actually owe. I couldn't tell you how many times I have read that people are paying more this year because they just don't understand they didn't have enough taken out of their pay each pay period.
They also don't get that while the tax deduction on property tax is now capped, other incentives such as the increase in the standard deduction for MOST people actually works out way better.
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Old 03-24-2019, 06:59 AM   #50
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They also don't get that while the tax deduction on property tax is now capped, other incentives such as the increase in the standard deduction for MOST people actually works out way better.
I know. People don't understand. They really don't even understand how much more they would have to spend if they could keep more of their own. We always said they should go to one window and pick up their check and go to the next window and pay their taxes. Then they would really see what they pay.
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Old 03-24-2019, 07:56 AM   #51
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They also don't get that while the tax deduction on property tax is now capped, other incentives such as the increase in the standard deduction for MOST people actually works out way better.


I have had to have a though conversation with every client about how the new tax law is effecting them. In high property tax and high property value states like NY NJ MA CA CT the tax new law has not helped but for those who do not own a home or have low property and state income tax they new law works better. Remember these are broad statements that do not take in other factors such as the new increase child credit.


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Old 03-24-2019, 08:03 AM   #52
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I know. People don't understand. They really don't even understand how much more they would have to spend if they could keep more of their own. We always said they should go to one window and pick up their check and go to the next window and pay their taxes. Then they would really see what they pay.
IMO getting a tax refund is the biggest waste of money that you will ever get.
You let the government use your money interest free just because you want a big refund..crazy.
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Old 03-24-2019, 08:06 AM   #53
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You still can - up to 10K after that you can't. In fact you should be happy about this, it's capped at the same amount for everyone. Why are you so critical of this? After all if your property tax is over 10K you're surely rich and as the Democrats love to say the rich need to pay their "fair share" so this prevents "rich" people from deducting more than "poor" people. This is exactly what you want. Or do you? What... you upset when it hits you in the pocketbook? Awe that's to bad now isn't it.

Or .......a more cynical thought ........ you could give everyone an increase on social safety net programs like welfare and such and and take out the same amount as the increase in taxes for no net increase or decrease in take home pay. Then make all future increases or decreases in taxes applicable to the recent increase in benefits.

As Tis mentioned folks are apathetic with regard to taxes and how it all works. After all if your paying nothing you don't care what others pay.

But if you got a statement every week and realized with those free monies to begin with you could get even more beer and drugs every week it might change the debate.


As mentioned: This is simplified broad statemen do not read more into it.
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Old 03-24-2019, 08:52 AM   #54
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IMO getting a tax refund is the biggest waste of money that you will ever get.

You let the government use your money interest free just because you want a big refund..crazy.


It’s really not crazy at all. You not talking about 10’s of thousands of dollars and with today’s interest rates you are losing an extremely minimal amount of interest especially when you consider it is amortized over every paycheck. Most do not have the disciple to save the 25-100 per week extra they are receiving in each paycheck and also do not want to risk owing 4/15. Many of my clients use it as a forced savings and when they receive their refunds they go on vacation, pay credit card bills or improve their homes.


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Old 03-24-2019, 11:03 AM   #55
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It’s really not crazy at all. You not talking about 10’s of thousands of dollars and with today’s interest rates you are losing an extremely minimal amount of interest especially when you consider it is amortized over every paycheck. Most do not have the disciple to save the 25-100 per week extra they are receiving in each paycheck and also do not want to risk owing 4/15. Many of my clients use it as a forced savings and when they receive their refunds they go on vacation, pay credit card bills or improve their homes.


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Spend, spend, spend! A good accountant would figure out how much taxes should come out each pay period so that at the end of the year $000 would be coming back, and then reccomend that the extra money be automatically put in a 401K for their future retirement.
This is what I did when the 401K first came out..but HEY, to each their own.
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Old 03-24-2019, 11:15 AM   #56
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Spend, spend, spend! A good accountant would figure out how much taxes should come out each pay period so that at the end of the year $000 would be coming back, and then reccomend that the extra money be automatically put in a 401K for their future retirement.

This is what I did when the 401K first came out..but HEY, to each their own.


Thanks for you advise. It will be Very valuable in my 30 year practice. I NEVER said it’s what I recommend it’s what my clients want and this is after recommending all retirement plans are maxed out. At the end of the day I give advice and my clients make there own decisions I cannot make it for them.

But I guess you are a better CPA than I am.


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Old 03-24-2019, 11:43 AM   #57
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It’s really not crazy at all. You not talking about 10’s of thousands of dollars and with today’s interest rates you are losing an extremely minimal amount of interest especially when you consider it is amortized over every paycheck. Most do not have the disciple to save the 25-100 per week extra they are receiving in each paycheck and also do not want to risk owing 4/15. Many of my clients use it as a forced savings and when they receive their refunds they go on vacation, pay credit card bills or improve their homes.


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It's not crazy, I agree with Rusty, too. So many people want to make sure they get money back when April comes. Yes, some because they never save and others because they feel like they are getting a gift of money to spend. But it is hard for a good accountant or anybody to figure out how much somebody is going to owe or get back because most people don't have just a simple paycheck. If you did only have that, a single person claiming one exemption should be just about right. ( I am just agreeing with you Joey.)
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Old 03-24-2019, 12:02 PM   #58
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Thanks for you advise. It will be Very valuable in my 30 year practice. I NEVER said it’s what I recommend it’s what my clients want and this is after recommending all retirement plans are maxed out. At the end of the day I give advice and my clients make there own decisions I cannot make it for them.

But I guess you are a better CPA than I am.


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You are welcome, anytime I can educate people it makes my day.
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Old 03-24-2019, 12:08 PM   #59
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You are welcome, anytime I can educate people it makes my day.


I can pay a nickel for your education you are giving me and I would be overpaying.


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Old 03-24-2019, 01:11 PM   #60
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IMO getting a tax refund is the biggest waste of money that you will ever get.
You let the government use your money interest free just because you want a big refund..crazy.
Exactly! I have never understood why anyone wants a big refund. Personally I chose to pay in each year so my earnings can work for ME. The feds are not entitled to my money until April 15th(ish), I will hold it in an interest bearing account until then.
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Old 03-24-2019, 02:30 PM   #61
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Exactly! I have never understood why anyone wants a big refund. Personally I chose to pay in each year so my earnings can work for ME. The feds are not entitled to my money until April 15th(ish), I will hold it in an interest bearing account until then.


That is not entirely true. They are entitled to have their money equally over the course of the year. If you owe too much on 4/15 you will be assessed a late payment penalty that is much more than the interest you are earning holding onto the funds.


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Old 03-24-2019, 04:42 PM   #62
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That is not entirely true. They are entitled to have their money equally over the course of the year. If you owe too much on 4/15 you will be assessed a late payment penalty that is much more than the interest you are earning holding onto the funds.


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Understood, they are entitled to have the feds hold their money. As I said, "I personally choose to"....

Your earlier post suggested people may be using the IRS as a savings account to pay off credit cards (often 18+% APR) once they get their refund. An extra $50-$100/wk could easily eliminate the perceived need for a credit card all together. This is what is mind boggling to me.

To each their own.
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Old 03-24-2019, 04:54 PM   #63
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Understood, they are entitled to have the feds hold their money. As I said, "I personally choose to"....



Your earlier post suggested people may be using the IRS as a savings account to pay off credit cards (often 18+% APR) once they get their refund. An extra $50-$100/wk could easily eliminate the perceived need for a credit card all together. This is what is mind boggling to me.



To each their own.


Exactly. I was stating the position of some of my clients not my advice or opinion. For the majority of my clients the use their refunds for extra luxuries like vacations and home improvements.


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Old 03-24-2019, 06:08 PM   #64
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This article explains why people should not be getting a big refund and I feel the same way:

"Here’s what you could be doing with your money if you had it for that year. Let’s assume you had $2,800, around the amount of the average refund.

1. You could save for retirement. When you let the government sit on nearly $3,000 for up to 12 months, you’re giving up a huge opportunity for savings. What if, instead of waiting for the IRS to refund you your overpayments each spring, you bumped up your 401(k) contributions by a percentage point or two (or more)? Over several decades of your working career, that change could earn you a more comfortable existence in retirement. “There are ups and downs in the market,” says Jude Coard, a tax partner with Berdon LLP in New York City, “but if you’re a long-term investor and you don’t put that money in until you get your refund, you’re basically losing a year’s worth of appreciation on it.”

2. You could have an emergency fund. That $2,800 is no small chunk of change. If you had an unexpected car expense or medical bill, you’d probably be really happy you had it. Emergency funds don’t spring up overnight — you have to put money aside, little by little. If you don’t have one, an extra $233 a month would help start to fill yours out. (Your goal is to have enough funds to tide you over for six months worth of household expenses.)

3. You could pay down debt. As mentioned, a refund of $2,800 is an extra $233 a month in greenbacks you could have had in your pocket, which you could have used to pay off debt or to have kept yourself from getting into debt. About half of U.S. households report carrying a credit card balance. “You could dedicate that extra money to paying down their balances, which could save you as much as 20% on that money,” Coard says. Even if you’re not paying that high of an interest rate on your plastic, the average credit card charges 13% to 15% in interest, so keeping your balance low (or nonexistent) is a good idea."

https://learnvest.com/article/got-a-...-dont-want-one
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Old 03-24-2019, 06:19 PM   #65
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Good article but in the real world not easy to convince some clients.


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Old 03-24-2019, 06:31 PM   #66
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Good article but in the real world not easy to convince some clients.


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I agree. When I hire somebody and help them fill out their paperwork, they ask me about it but most of them want to get money back.
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Old 03-25-2019, 04:05 AM   #67
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Default .... become the king of snow!

Seems like people like to upgrade their snowblowers, moving on up from TroyBilt and Craftsman, to Ariens and Toro and Husqvarna, and if they is totally unhinged ..... to a Honda.

How does that translate to "What to do with your federal income tax refund?" Tax refund time, the months of April and May coincide with very low demand time for snowblowers, and a good time to find that still very strong $200 used snowblower in craigslist.

Turn your tax refund into an orange or red snowblower, and spend all summer long, thinking about next winter's snow .... winter, winter, winter!
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Old 03-25-2019, 06:11 AM   #68
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Good article but in the real world not easy to convince some clients.


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That $1000 tax return could have earned $20 in a savings account. Most people blow that on something stupid so it's more likely that big return would be better spent. I would agree if you are getting a BIG tax return you should probably adjust your withholdings.
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Old 03-25-2019, 06:19 AM   #69
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That $1000 tax return could have earned $20 in a savings account. Most people blow that on something stupid so it's more likely that big return would be better spent. I would agree if you are getting a BIG tax return you should probably adjust your deductions.


Yes. In all practicality most people don’t see the extra 20-50 dollars and are not disciplined enough to save it on their own. I also am referring to clients that receive refunds up to 4-5k not huge refunds of 10k plus. You need to know your clients, financial situation, their lifestyle and spending habits then make your recommendations. I will always pushing clients to max our whatever retirement plan is available to them, give til it hurts you will thank me later.




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Old 04-27-2019, 08:53 AM   #70
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Some interesting data in this analysis.

https://blog.hireahelper.com/2019-st...tate-tax-bill/
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Old 04-27-2019, 09:16 AM   #71
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Thank you. Great article loads of interesting info and stats that are good tools to help determine where to retire


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Old 04-27-2019, 10:25 AM   #72
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Default What federal tax refund

Maybe I'm in the minority here. Basically same income in 2018 as 2017. The difference is that in 2018 we ended up owing just under $4,000 when we filed our taxes. Also, we increased the withholding during 2018. Now, if I take the same deductions in 2018 as in 2017 we would have owed an additional $485. How is that tax reform working. Eliminating most deductions. Don't get me wrong, I have no problem with paying taxes. Fortunately. we are not in the situation where we are living minute to minute.

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Old 04-27-2019, 02:50 PM   #73
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most of the independent studies said that around 6% had increased taxes
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Old 04-27-2019, 04:02 PM   #74
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ALL of the rates were lower. It was unallowed deductions etc. that may have caused some to pay more.
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Old 04-27-2019, 05:13 PM   #75
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Maybe I'm in the minority here. Basically same income in 2018 as 2017. The difference is that in 2018 we ended up owing just under $4,000 when we filed our taxes. Also, we increased the withholding during 2018. Now, if I take the same deductions in 2018 as in 2017 we would have owed an additional $485. How is that tax reform working. Eliminating most deductions. Don't get me wrong, I have no problem with paying taxes. Fortunately. we are not in the situation where we are living minute to minute.



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It’s a very long and exhausting discussion but most tax payers had smaller refunds or larger amounts due but this was the result of greatly reduced withholdings not higher tax rates when in fact most paid less in tax as a whole with lower tax rates. Obviously many factors and no two tax returns are alike. Generally when taxpayers have paid more in 2018 was the result of living in highly taxed states like NY MA NJ CT CA


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Old 04-27-2019, 07:15 PM   #76
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Not having to pay the alt min is what saved me a lot of money
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Old 04-27-2019, 09:31 PM   #77
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Default Variable income

For us, big tax obligation for 2016 which was predictable. Obligation for 2017 was larger than expected, but at a manageable level. This year, we paid estimated tax based on 2017 and now it looks like 2018 will be a refund year (haven't filed final yet). I'm more concerned about those idiots in Concord that added capital gains to the NH Interest and Dividends INCOME tax this year (Who says we don't have an INCOME tax?) I'm hopeful that Gov. Sununu will veto that bill. We had a surplus under the Republican budget and tax plan. Why do we need to raise taxes? Our Democrat legislature is loyal to the Washington DC DNC and is not representing NH residents.
Apologies to those who think taxes are not a Lakes Region issue.
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Old 04-28-2019, 05:05 AM   #78
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It’s a very long and exhausting discussion but most tax payers had smaller refunds or larger amounts due but this was the result of greatly reduced withholdings not higher tax rates when in fact most paid less in tax as a whole with lower tax rates. Obviously many factors and no two tax returns are alike. Generally when taxpayers have paid more in 2018 was the result of living in highly taxed states like NY MA NJ CT CA


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People just don't understand their taxes, Joey. Thanks for posting.
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Old 04-28-2019, 05:08 AM   #79
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For us, big tax obligation for 2016 which was predictable. Obligation for 2017 was larger than expected, but at a manageable level. This year, we paid estimated tax based on 2017 and now it looks like 2018 will be a refund year (haven't filed final yet). I'm more concerned about those idiots in Concord that added capital gains to the NH Interest and Dividends INCOME tax this year (Who says we don't have an INCOME tax?) I'm hopeful that Gov. Sununu will veto that bill. We had a surplus under the Republican budget and tax plan. Why do we need to raise taxes? Our Democrat legislature is loyal to the Washington DC DNC and is not representing NH residents.
Apologies to those who think taxes are not a Lakes Region issue.
I hope he vetoes it too. They never have enough money. We do have an income tax. What is business profits tax and business enterprise tax if not an income tax?
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Old 04-28-2019, 06:01 AM   #80
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People just don't understand their taxes, Joey. Thanks for posting.


No problem. Your are correct people read articles and listen to the news that do not paint the complete tax picture. This was my most exhaustive tax season in 35 years and I went through the tax reform act of 1986 that had major changes.


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Old 04-28-2019, 06:15 AM   #81
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I hope he vetoes it too. They never have enough money. We do have an income tax. What is business profits tax and business enterprise tax if not an income tax?
Today’s mentality is that Business Profits Tax and Business Enterprise Tax are only paid by “EEEVIL” corporations, so that makes it ok. They don’t consider it an income tax, because it’s just from businesses (those big businesses that live by “Corporate GREED”!!!). Of course the exact opposite it true. Where else can a business lose money, but still have to pay taxes on their top line?
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Old 04-28-2019, 06:28 AM   #82
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Today’s mentality is that Business Profits Tax and Business Enterprise Tax are only paid by “EEEVIL” corporations, so that makes it ok. They don’t consider it an income tax, because it’s just from businesses (those big businesses that live by “Corporate GREED”!!!). Of course the exact opposite it true. Where else can a business lose money, but still have to pay taxes on their top line?
As long as people demand more out of their communities and state taxes will be raised and new ones found.
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Old 04-28-2019, 07:21 AM   #83
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No problem. Your are correct people read articles and listen to the news that do not paint the complete tax picture. This was my most exhaustive tax season in 35 years and I went through the tax reform act of 1986 that had major changes.


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I can imagine! I would hate to be an accountant and try to explain to people who have no idea.

Seaplane Pilot, you are right, they try to program people (and have done a good job) to hate businesses. And of course they couldn't let the doctors, and lawyers and accountants etc. get away without an "income tax". It's fine if the other guy pays. I guess we pick and choose who pays. I just don't know where people would work if there weren't businesses though. Do you???

Swnoel, you are right. People demand more and more. Everybody has their favorite little pet project. It all adds up to a lot.
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Old 04-28-2019, 07:46 AM   #84
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I can imagine! I would hate to be an accountant and try to explain to people who have no idea.

Seaplane Pilot, you are right, they try to program people (and have done a good job) to hate businesses. And of course they couldn't let the doctors, and lawyers and accountants etc. get away without an "income tax". It's fine if the other guy pays. I guess we pick and choose who pays. I just don't know where people would work if there weren't businesses though. Do you???

Swnoel, you are right. People demand more and more. Everybody has their favorite little pet project. It all adds up to a lot.
The mentality today is that business is evil, government is good. Government will pay for everything, so we don’t need private enterprise for anything (Right AOC??)
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Old 04-28-2019, 08:04 AM   #85
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The mentality today is that business is evil, government is good. Government will pay for everything, so we don’t need private enterprise for anything (Right AOC??)
No, the mentality today is that corporations making billions off resources provided by the public should contribute to the system that allowed them to make billions. Amazon not paying taxes/getting tax refunds is a travesty.

The difficult line--at least to me--is between big business, which is continuing to blow apart the income gap and have too much political influence, and small business, which can/is being destroyed by the system.

(For the record, my major concern here--as a teacher--is wealth inequality which, if the system continues, will mean only the affluent having access to opportunities for improvement/education, etc.)

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Old 04-28-2019, 08:12 AM   #86
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The mentality today is that business is evil, government is good. Government will pay for everything, so we don’t need private enterprise for anything (Right AOC??)
Yes and government picks the money to give away for everything off the trees!! WHERE in the heck do people think the money for all these things comes from?????

I do agree though that companies like Amazon should be paying taxes. How come they get all kinds of breaks and we don't? But according to what I pay I don't think I suck off the resources provided by the public. I think I pay MORE than my fair share!!
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Old 04-28-2019, 08:18 AM   #87
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Today’s mentality is that Business Profits Tax and Business Enterprise Tax are only paid by “EEEVIL” corporations, so that makes it ok. They don’t consider it an income tax, because it’s just from businesses (those big businesses that live by “Corporate GREED”!!!). Of course the exact opposite it true. Where else can a business lose money, but still have to pay taxes on their top line?


A business that loses money, unless it is a start up, usually loses money because of bad management or because management is playing a tax dodge game. Neither the Profits or the Enterprise tax comes off the “top line.”


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Old 04-28-2019, 08:23 AM   #88
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”It's fine if the other guy pays. I guess we pick and choose who pays.”

Isn’t that the New Hampshire way? “I don’t want to pay, let the out of staters pay”



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Old 04-28-2019, 08:29 AM   #89
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A business that loses money, unless it is a start up, usually loses money because of bad management or because management is playing a tax dodge game. Neither the Profits or the Enterprise tax comes off the “top line.”


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Maybe in your world...
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Old 04-28-2019, 09:21 AM   #90
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A business that loses money, unless it is a start up, usually loses money because of bad management or because management is playing a tax dodge game. Neither the Profits or the Enterprise tax comes off the “top line.”


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Wow that is a gross generalization and completely inaccurate


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Old 04-28-2019, 10:37 AM   #91
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No, the mentality today is that corporations making billions off resources provided by the public should contribute to the system that allowed them to make billions. Amazon not paying taxes/getting tax refunds is a travesty.

The difficult line--at least to me--is between big business, which is continuing to blow apart the income gap and have too much political influence, and small business, which can/is being destroyed by the system.

(For the record, my major concern here--as a teacher--is wealth inequality which, if the system continues, will mean only the affluent having access to opportunities for improvement/education, etc.)

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I rest my case. No further questions your honor.
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Old 04-28-2019, 12:03 PM   #92
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(For the record, my major concern here--as a teacher--is wealth inequality which, if the system continues, will mean only the affluent having access to opportunities for improvement/education, etc.)

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That is the most absurd statement ever. This country has the most opportunities of any other nation on the face of this planet, the problem is lazy ass kids that won't do anything difficult or actually work for something. If teachers would stop indoctrinating their students with liberal philosophy and victimhood those up and coming generations would actually have a chance to be every bit as good as the previous ones.
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Old 04-28-2019, 12:44 PM   #93
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That is the most absurd statement ever. This country has the most opportunities of any other nation on the face of this planet, the problem is lazy ass kids that won't do anything difficult or actually work for something. If teachers would stop indoctrinating their students with liberal philosophy and victimhood those up and coming generations would actually have a chance to be every bit as good as the previous ones.
Yup--all the kids are lazy. It has nothing to do with the fact that there's been an exponential rise in the need for education--high school diplomas are no longer the minimum requirement to succeed in America--at the same time as tuitions have risen and salaries remained the same (with inflation, mostly dropped).

These are real problems on their way, but at least we can rely on people like you to name call rather than discuss. Bravo!

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Old 04-28-2019, 01:05 PM   #94
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Yup--all the kids are lazy. It has nothing to do with the fact that there's been an exponential rise in the need for education--high school diplomas are no longer the minimum requirement to succeed in America--at the same time as tuitions have risen and salaries remained the same (with inflation, mostly dropped).

These are real problems on their way, but at least we can rely on people like you to name call rather than discuss. Bravo!

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This is very inaccurate. This is a misnomer many try to pro-port. College educations are not necessary to make a good living.

High school diplomas are good for many high paying jobs, many union jobs such as truck driving, plumbers electricians and other trade jobs. These jobs have pay rates closer to 80-100 per hour with excellent benefits. There is a severe shortage of these trade skill labor type worker.

However they do require hard physical labor that this generation does not seem to embrace.

In reality these jobs have higher pay and better benefits than those with liberal arts degrees that cost over 100,000.00



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Old 04-28-2019, 01:32 PM   #95
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This is very inaccurate. This is a misnomer many try to pro-port. College educations are not necessary to make a good living.

High school diplomas are good for many high paying jobs, many union jobs such as truck driving, plumbers electricians and other trade jobs. These jobs have pay rates closer to 80-100 per hour with excellent benefits. There is a severe shortage of these trade skill labor type worker.

However they do require hard physical labor that this generation does not seem to embrace.

In reality these jobs have higher pay and better benefits than those with liberal arts degrees that cost over 100,000.00



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I didn't say only college--even trade schools are becoming prohibitively expensive, as my nephew, who is an incredibly hard worker, has figured out. Even though he's willing to work for the dealership he's at, and even though they're willing to send him for some training, it's gonna take a long time to get the education he needs to make decent money.

My other nephew is currently pursuing an electrician's license, which also requires a lot of education and apprenticeship time, and is in a similar boat.

My father, with an 8th grade education, ran machines for 40 years. In his last ten, they wouldn't hire anyone without some credentials, most with college degrees.

There's a reason so many young people are living at home with their parents until much later, and it has nothing to do with laziness or choice. The cost of living--rent, food, etc.--has outgrown the access to well-paying jobs.

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Old 04-28-2019, 01:40 PM   #96
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Sorry Joey
I am a resident of NH.
I have not seen any independent study showing that only 6% paid more.
We know the billionaires paid considerably less. Most I hear is that refunds are less than 2017.
I pay more if fed tax than the average income in most red states.

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Old 04-28-2019, 02:38 PM   #97
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Sorry Joey

I am a resident of NH.

I have not seen any independent study showing that only 6% paid more.

We know the billionaires paid considerably less. Most I hear is that refunds are less than 2017.

I pay more if fed tax than the average income in most red states.



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Nothing to do with red or blue but about high state income and high property tax. I never said only 6% paid more


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Old 04-28-2019, 02:41 PM   #98
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I didn't say only college--even trade schools are becoming prohibitively expensive, as my nephew, who is an incredibly hard worker, has figured out. Even though he's willing to work for the dealership he's at, and even though they're willing to send him for some training, it's gonna take a long time to get the education he needs to make decent money.

My other nephew is currently pursuing an electrician's license, which also requires a lot of education and apprenticeship time, and is in a similar boat.

My father, with an 8th grade education, ran machines for 40 years. In his last ten, they wouldn't hire anyone without some credentials, most with college degrees.

There's a reason so many young people are living at home with their parents until much later, and it has nothing to do with laziness or choice. The cost of living--rent, food, etc.--has outgrown the access to well-paying jobs.

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Sorry you did say high school in your post. Also again many return to live with their parents from college because they chosen to waste money and obtain a useless liberal arts diploma instead of focusing on a career track.


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Old 04-28-2019, 03:42 PM   #99
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There are many ways to get ahead and college is not a necessity. In my 20's, 30's and 40's I worked at three jobs and bought real estate. If you talk to someone that works 35 hours per week now and tell them they should get a second job, they don't even know what you are talking about.

I had a friend who was a school teacher and a smoker and he was jealous of some things I owned. I suggested he quit smoking and get a full time job and it didn't go well..............

It is also a travesty that people like Liz Warren taught one class and made over $300, 000 per year. High salaries like that put college out or reach or result in large debt to those who do want to go. Tuition costs are out of control.

Many of today's young people make choices involving drugs, smoking, alcohol, tattoos, and other items that cost money and then can't figure out why they live paycheck to paycheck.

It's all about choices.
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Old 04-28-2019, 03:49 PM   #100
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There are many ways to get ahead and college is not a necessity. In my 20's, 30's and 40's I worked at three jobs and bought real estate. If you talk to someone that works 35 hours per week now and tell them they should get a second job, they don't even know what you are talking about.



I had a friend who was a school teacher and a smoker and he was jealous of some things I owned. I suggested he quit smoking and get a full time job and it didn't go well..............



It is also a travesty that people like Liz Warren taught one class and made over $300, 000 per year. High salaries like that put college out or reach or result in large debt to those who do want to go. Tuition costs are out of control.



Many of today's young people make choices involving drugs, smoking, alcohol, tattoos, and other items that cost money and then can't figure out why they live paycheck to paycheck.



It's all about choices.
That's my point, Tilton--the world you (and, for the most part, I) grew up in no longer exists. My students are only making a couple bucks more an hour than I was two decades ago, but the expenses--insurance, car maintenance, rent, etc.--have gone up way more than that.

But you're right--the cost of education also has to be examined. It's a two-sided problem, but neither will be fixed without honest discussion.

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