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.
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Taxes
Norm Silber Announces Run for State Rep in Gilford & Meredith
Wednesday was the start of the filing period to run for state offices in New Hampshire. Although the General Election is not until November 3, if primary elections are required for any offices they will be held on September 8. A key issue this election cycle will be the level of taxation New Hampshire citizens … Read more
For New Hampshire Citizens this is Not a Bad Joke – This is the Future.
Riddle: What is worse than a virus sweeping America and the government shutting down much of the economy?
Answer: A Virus, the shutdown, and then a tax hike on your shrinking paycheck.
For New Hampshire citizens this is not a bad joke. This is the future.
Benefits of a Principled Tax Burden
Is there such a thing as benefits of a principled tax burden? If there were; what would they be? Fact: taxes lower the economic welfare of citizens.
Are Public School Teachers Giving Up on a Normal School Year for 2020-2021 (And is that Bad?)
File this under people send me stuff. A teacher who shall remain anonymous (no relation to me in case you are curious) shared some observations from several teachers’ groups with which they are a member. Summary: people are ALREADY giving up on a typical school year next year.
Tax, or commission?
How does a tax rate get set? For example, what makes the top federal income tax rate 37 percent, instead of 70 percent (as it was when I graduated high school), or 91 percent (as it was when I was born), or any other percentage? The basic idea is that the government wants to set a rate that maximizes revenues.
Nashua Public Health: ‘Yes’ to masks. ‘No’ to ice cream.
Mayor Jim Donchess and some Nashua aldermen have expressed a desire to mandate the wearing of masks in Nashua businesses, on penalty of a fine, to slow the spread of COVID-19.
Democrat Governors – what a way to win hearts and minds
CHASER: First Gov. Andrew Cuomo (D-NY) PLEADED for healthcare worker volunteers. Now he’s going to extract income taxes from those that responded
Budget Blowout: Why States are Asking for a Federal Bailout
At Noon Today Join Americans For Prosperity for an in-depth look at why high spending states are asking for a federal bailout and how they got there: The massive impact of COVID-19 has made legislators in DC more friendly than usual to the idea of gargantuan federal spending – and it’s no surprise that some … Read more
Greg Moore Explains How You Can Help Defuse New Hampshire’s Tax Hike Time Bomb
Greg Moore from American’s for Prosperity explains the trap in the last budget that could pile a 12.5% tax hike on job creators and what you can do to help defuse this economic time bomb.
Greg Moore Explains How You Can Help Defuse New Hampshire’s Tax Hike Time Bomb
Greg Moore from Americans for Prosperity explains the trap in the last budget that could pile a 12.5% tax hike on job creators and what you can do to help defuse this economic time bomb.
As Predicted: Democrats Want 12% Tax Hike on Businesses They Demanded Be Shuttered
Before Chris Sununu took the bait and closed the state, Democrats were screaming for a shutdown. It doesn’t take a political genius to know why. The economy is their foil, and they believe that killing it improves their chances in November.
The Democrats are rejoicing in this misery
The loudest socialist mouthpiece in the House is AOC. She is cheering the news of plummeting oil futures. Monday oil futures went below zero. That means oil producers are paying processors to take the oil. Demand worldwide has plunged in response to the coronavirus.
“If I begin sacrificing my rights in order to save lives, then where does it end?”
The title is a quote from Brandon Morse at Red State. He is walking us through an incident where the Police in Raleigh, North Carolina broke up a lockdown protest. The point, of course, being that the first amendment protects that right and it was just infringed.
Coronavirus Related Federal Tax Relief
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) delivers some good news. There are things in it for individuals and businesses, including tax relief. The tax relief offered by the CARES Act is over and above the tax relief offered by the earlier Families First Coronavirus Response Act (FFCRA).
Nashua School District Staff Should Not be a Protected Class
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.
Quick Thought: A Missed Opportunity – ONLY Delay Tax Day to July 15th?
That is, moving Tax Day from April 15th. What a shame that Trump decided to move to that rather to one much more appropriate. And that would be?
Danger Will Robinson: New TCI Talking Point Begins With “Once in a Generation Opportunity…”
The latest media broadside on the terrible awful massive gas tax hike calling itself a “Climate Initiative” is labeling it a “once in a generation opportunity.” To what, kill jobs, and screw the heck out of low-income people and participating state economies? No, silly.
Data Point – The US has a SPENDING Problem, not a Revenue Problem
The United States has a SPENDING problem, not a revenue problem. So, how much did the US take in?
Who Wants A Tax Cap?
If we rely on our elected or appointed officials (aka, the “elites”) to restrain spending of tax dollars on their own volition, we are kidding ourselves.