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fatlazyless · 02-14-2007, 03:22 PM

Hello Skip.....yes, there is a bumper sticker out there which goes 'lotteries - a tax on people who cannot do math.' Well, I don't think anyone will disagree that Senator Gregg certainly beat the odds of losing, big-time, when he made his Powerball win. My beef is not that he won a lottery, but with the New Hampshire tax system that his lottery win illustrates. It shines a 1000w light on the inequity of our NH tax system.

Almost unique amoung all the 50 states, only Alaska has a similar tax system to New Hampshire in that both states have both no sales and no income tax. Alaska has oil, so everytime anyone buys a gallon of gasoline they are helping Alaska. New Hampshire has lots of second homes owned by out-of-staters so it's people from away who are doing the heavy lifting here in New Hampshire. As long as property taxes have been low for New Hampshire residents, the New Hampshire Advantage tax system has been the way-to-tax for the last hundred years. Now that property taxes are not so low for many New Hampshire residents anymore, where-to Governor, which way do we go from here?

02-14-2007, 03:22 PM	#10
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,753 Blog Entries: 1 Thanks: 300 Thanked 1,010 Times in 736 Posts	...archaic & unfair tax system! Hello Skip.....yes, there is a bumper sticker out there which goes 'lotteries - a tax on people who cannot do math.' Well, I don't think anyone will disagree that Senator Gregg certainly beat the odds of losing, big-time, when he made his Powerball win. My beef is not that he won a lottery, but with the New Hampshire tax system that his lottery win illustrates. It shines a 1000w light on the inequity of our NH tax system. Almost unique amoung all the 50 states, only Alaska has a similar tax system to New Hampshire in that both states have both no sales and no income tax. Alaska has oil, so everytime anyone buys a gallon of gasoline they are helping Alaska. New Hampshire has lots of second homes owned by out-of-staters so it's people from away who are doing the heavy lifting here in New Hampshire. As long as property taxes have been low for New Hampshire residents, the New Hampshire Advantage tax system has been the way-to-tax for the last hundred years. Now that property taxes are not so low for many New Hampshire residents anymore, where-to Governor, which way do we go from here?