RG wrote:
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Hey, they tax our residents for working there, why can't we?
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You can, but in order to do that NH has to impose an income tax. This issue was adjudicated in the 70's when NH imposed a "commuter tax" on out of state residents. The Supreme Court (I don't recall if it was NH or SCOTUS) ruled that a state may impose a tax on out of state residents only if they also impose the same tax on residents of the state. That means no commuter tax, no income tax, no sales tax for out of staters.
Ropetow wrote, in part:
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But if NH set a rate lower than MA, say 4%, I would pay 4% to NH and then the difference between the NH rate and the MA rate (in this example 1.25%) to MA. So I wouldn't save a cent.
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You're right, you would not save a nickel! I didn't say that you would. I said that the money, all of which you currently pay to Massachusetts, would go to New Hampshire instead of offsetting my Massachusetts income tax.
You'll still pay 5.25% of your income in taxes, but instead of
ME (or should I say
MA) getting ALL OF IT, NH will get...say...4%? That means I only get 1.25% and NH gets to use the 4% it currently does not receive.
Mkjbathe wroe:
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Mass salaries are generally 5-10% higher than in Southern NH.
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Actually I think they are higher than that. An Ad Exec in Manchester and an Ad Exec in Boston, 10 percent? No. No one who actually thinks about it commutes into Massachusetts and certainly not into Boston where the money is, for a 5 or 10 percent increase in wages.
People commuting from NH make a Hell of a lot more money than they could "at home" that's why they put up with the commute to Boston and the Massachusetts income and sales taxes, not to mention parking! Don't get me started on that!
Forget I said anything!
