Quote:
Originally Posted by randalnh
Heaven - I agree that renters may pay some fraction of the taxes in a town, but it is not even close to the amounts that single family homes pay. Also, you have lots of 18+ kids living at home, voting and not paying taxes. I still think the tax system in NH is archaic and inequitable.
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If that 18+ year old drives a car and registers it in their town in NH, then they are paying a tax.
There's more to the way that NH raises revenue than just property tax:
Interest & Dividends Tax
Inheritance and Estate Tax
Business Profits Tax
Business Enterprise Tax
Communications Services Tax
Electricity Consumption Tax
Meals and Rentals Tax
Tobacco Tax
Real Estate Transfer Tax
Timber Tax
Gravel Tax
State Education Property Tax
Utility Property Tax
Local Property Tax
Property Tax Rates
Source: New Hampshire Department of Revenue Administration (DRA)