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Originally Posted by fatlazyless
If I remember correctly, 42% of all the Meredith property tax payers are non-residents and their payments are 80% of the town's total. 15 years ago, it was 48% of all property tax payers who were non-residents so this number has come down a little. So, that's a good reason why the property tax is so popular amoung many of the residents who vote. Someone else is footing the bill, plus many resident-voters are themselves or have a relative employed by the town.
Along the stretch of Winnipesaukee waterfront where I live, about ten out of twelve homes are used very little and are basically unoccupied from Labor Day to Memorial Day.
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15 years ago the difference between on the water and off the water values was not as dramatic as today whcih is why the amount being carried by the lakefront owners has gone up. Do you think property owners in NH should support a tax system that screws them for the benefit of the second home owners, second homes are a luxury not a necessity if you don't liek what it costs you sell it. The system should benefit those that live and work there and the fact is for someone living and working in NH the current system works better for them than a sales and income tax based system that also includes a fairly substantial property tax like the states surrounding us.