… New Hampshire Collects Quite a Bit of Revenue From Sales Taxes
Here is a breakdown of state taxes collected for the month of March by New Hampshire:
While Governor Kelly Ayotte, the local Koch-organization, and their minions in the Legislature may incessantly claim that New Hampshire has “no sales tax,” e.g.:
a review of the taxes collected by the State shows that is not true.
The Meals & Rentals Tax:
An 8.5% sales tax on that cup of coffee and donut you buy at Dunkin’s on your way to work. $25 million collected in March.
The Tobacco Tax:
$16 million collected in March.
Insurance Tax:
The Insurance Tax is paid by the insurance companies and is based on how much premium the insurance company collects. It is an indirect sales tax because the insurance company presumably passes on the tax, or part of the tax, to consumers in the form of higher premiums. $164 million collected in March.
Communications Tax:
A tax on what you are charged for the use of your phone(s). $2 million collected in March.
Real Estate Transfer Tax:
A tax on the sale of a home. Nearly $11 million collected in March.
Even if the Insurance Tax is not counted as a sales tax, collections from sales taxes exceeded $50 million in the month of March. That’s quite a chunk of change from sales taxes in a State that markets itself as “No Sales Tax.” If the Insurance Tax is included, then more than one-half the taxes collected are from sales taxes.
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