Winnipesaukee Forum - View Single Post

fatlazyless · 11-20-2007, 08:29 AM

In my imagination, most all of the income goes right back to the town for semi-annual property tax payments, every June and December. Just how much is Ames Farm's property tax bill?

If the Ames' prop tax has increased from $2800 to 8200/month in the last three years, which is very much a real possibility, it creates a lot of pressure. Pressure to increase their cash flow. So, how to increase the cash flow in order to cover the town's tax bll. What do they do to make the extra money?

In our unusual NH tax system, Senator Gregg can win an 850 thousand dollar powerball and the state gets a great big zero in tax revenue. But, go buy a McChicken sandwich and the state gets 8 cents tax as it's an 8% prepared food tax. Now, who has the better ability to pay, Senator Powerball, or Joe McChicken?

Isn't Ames Farm really all about the New Hampshire Advantage tax system at work here?

11-20-2007, 08:29 AM	#78
fatlazyless Senior Member Join Date: Apr 2004 Posts: 9,251 Blog Entries: 1 Thanks: 314 Thanked 1,120 Times in 827 Posts	In my imagination, most all of the income goes right back to the town for semi-annual property tax payments, every June and December. Just how much is Ames Farm's property tax bill? If the Ames' prop tax has increased from $2800 to 8200/month in the last three years, which is very much a real possibility, it creates a lot of pressure. Pressure to increase their cash flow. So, how to increase the cash flow in order to cover the town's tax bll. What do they do to make the extra money? In our unusual NH tax system, Senator Gregg can win an 850 thousand dollar powerball and the state gets a great big zero in tax revenue. But, go buy a McChicken sandwich and the state gets 8 cents tax as it's an 8% prepared food tax. Now, who has the better ability to pay, Senator Powerball, or Joe McChicken? Isn't Ames Farm really all about the New Hampshire Advantage tax system at work here? Last edited by fatlazyless; 11-20-2007 at 09:49 AM.