The legislation, which was approved by the state Senate last week, would allow local governments to offer tax breaks for housing developments anywhere within their borders, if a third or more of the units qualify as affordable housing.
New Hampshire lawmakers are moving to raise the minimum amount under which businesses are required to file returns for the state’s business profits tax. A bipartisan proposal would increase the threshold for paying the state’s business profits tax from $50,000 to $92,000 beginning on July 1.
Vermont Independent Sen. Bernie Sanders ripped Democratic efforts to reinstate state and local tax deductions, saying that the move sends a “terrible, terrible message.”
I think Rep. Till would be startled to learn that quite a few of his average constituents use tax preparation services and investment advice, and almost all of them use plumbers, electricians, lawn mowers, auto mechanics, and as many as 140 more service occupations.
New Hampshire finished first in a new study by the WalletHub website on whether residents of the 50 states are getting the most bang for the buck for their tax dollars.
Some Democrats are getting scared and are starting to see the political writing on the wall. Just this week, Democrat Lt. Gov. Molly Gray and U.S. Sen. Patrick Leahy both came out in favor of the repeal of military retirement taxation — standing in stark contrast to their own caucus. It’s about time.
“Fully eliminating this tax is not only about honoring our veterans for their service and sacrifice, but also about growing our workforce and increasing diversity in our state.”
S.53 failed in the State House of Representatives on April 15, 2021, by a vote of 55-79. The bill would exempt the first $10,000 of military pensions from the state income tax.
Don’t let the politicians use the cover of good tax decreases on feminine products and military pensions to hide the stink of two major tax increases on Vermonters.
New Hampshire ranks 46th in the country when it comes to overall tax burden, according to a new analysis.
Nations must unite to ensure corporations do not avoid taxation by moving to countries with lower tax rates, Treasury Secretary Janet Yellen said Monday. Last week, President Joe Biden proposed to increase the U.S. corporate tax rate from 21% to 28% as a way of paying for his $2 trillion infrastructure plan.
New Hampshire ranks first out of the 50 states when it comes to taxpayer rate of return, according to a new analysis. WalletHub compared the 50 states across the areas of health, safety, education, economy and infrastructure and pollution.