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Originally Posted by jetskier
I do not agree with your math here...my house in MA is assessed much higher than my house in NH, yet my taxes to NH are much higher. The percentages don't hold up. In addition, most people I know do not consider their home a monitary investment IT IS A LIFESTYLE INVESTMENT. I love this...we hear about fire chiefs taking $167,000 in deferred vacation accrual and then talk about dispropotionate allocation of the tax burden. Let's hope more rationale heads prevail.
Jetskier  |
Jetskier... Property tax is the only tax we pay here. Now take your property tax on your house, then add in your income tax, and then add in the sales tax on everything you buy (except food) and you will see that the tax burden here in NH is very low, I think only Tennesee is lower.
It really doesn't matter how people percieve thier property, be it investment or lifestyle or home. All of the states in the Union view property as a taxable assest and tax property at varying rates. In NH we rely soley on property tax and want to keep it that way.
Woodsy