Quote:
Originally Posted by fatlazyless
By adding a one percent/local town tax to the 9% meals & lodging tax it would make it a nice round and easy-to-figure 10% total tax.
The reason why New Hampshire does not have either a sales or an income or a capital gains tax is because the property taxes are so high. All the non-taxes are built into the property tax.
A mcdouble cheeseburger costs 1.09, so by adding a 1% local town tax, the price would become 1.10, and it would end those left-over pennies.
For the Town of Meredith, a 1% local meals & lodging tax could add up to $100/day or $36,500/year and help to pay for things like summer lifeguards at the lake and related safety equipment.
It's only one extra little penny which otherwise would probably end up lost and rolling around under your car seat.
|
Less, do you really think an increase in all of these other taxes will result in a reduction in property taxes? If so, please contact me - I have some swamp land in the Everglades I'd like to sell.