NH Lowers Another Tax And Raises More Revenue
While Democrats whine about tax cuts for the rich and lowering local tax burdens, New Hampshire Republicans cut business and rooms and meals taxes and raised revenues. Again.
While Democrats whine about tax cuts for the rich and lowering local tax burdens, New Hampshire Republicans cut business and rooms and meals taxes and raised revenues. Again.
The Town of Derry, New Hampshire, that bustling little-berg, is grappling with the problem of our age. The COVID Age. Can or should we milk people’s pockets over that State-wide mask mandate thing?
Taxation is a weapon of government. Taxes directly affect the well-being of every American. Taxes are a necessary evil. We do need to fund a limited constitutional government. But what does that mean? What should our system of taxation look like?
Facebook wants to hear gaming companies’ concerns about Apple’s new mobile operating system. Apple’s iOS 14 update will limit the effectiveness of Facebook ads. Gaming companies reliant on Facebook ads may curb ad spending. This would include Google, Snap, and Twitter.
Keeping people home is supposed to hurt Donald Trump, but the current casualties appear to be out-of-state-college-student voting in New Hampshire and San Francisco’s city-wide public bus system. Without an infusion of cash from somewhere, most of the lines they shut down for COVID19 will not come back.
With the pandemic driven business shutdowns, New Hampshire is expecting enough of a drop in Business Enterprise Tax (BET) to trigger a tax rate increase under a law passed a few years ago. The BET is a tax on having employees.
If you are watching the state budget you understand there is a lot of red ink. Revenues for March were off in the neighborhood of 15%. In April revenues were off more than 35%, actually closer to 40%. In May revenues will be off by about 20%.
On Friday, March 13th the Nashua Board of Education voted to provide full compensation to all district personnel for five days from March 16th to 23rd while shutting down the schools. There was no discussion of the cost to taxpayers as these funds were already in this year’s budget.
Regular readers know that the climate scam is not about seas, or ice, or storms, or weather. It is a clever political ploy to shift us toward a planned economy. More government, less private sector. Higher taxes, less prosperity. From the Free Market to socialism.
New Hampshire is the only state in the country that does NOT mandate seatbelt use for adults. But the same folks who said a handsfree device ban would make the roads safer (it did not) are looking once more at imposing a mandatory seat belt use law for Adults