Skip to main content

Posts

Showing posts with the label personal income tax

New Hampshire Shows True Economics Innovation -The Business Flat Tax !

TWEET THIS USING THIS SHORT LINK http://goo.gl/DmO7uk I asked members of the New Hampshire Liberty Alliance where NH gets its revenue. I knew that property taxes are high in NH but property tax is a municipal tax and does not explain how the state gets revenue to operate. Someone said the state owned liquor business but others felt that the revenue from that operation was not that much. Others said that NH has a corporation tax. I went to check out the NH web site and found this innovative tax reform idea coming out of New Hampshire. Maine cannot use such an approach because Maine uses special interest economics in which the state corporation works for the interests of it's targeted sector- defined as Jobs providing above average incomes ( the top half of the median household income-which divides the economy into two parts) Not only that but it is the policy of Maine's centrally managed economy to tax the workers but to tax-exempt the owners of production. New Hamps