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 Hampshire does the opposite- no personal income tax but there is a corporate income tax and thus N.H. is showing true innovation among the states with the re-working of the flat tax- a flat tax for businesses! Not only does N.H tax the corporations and not the people but a business flat tax means no special interest taxation policies used so abundantly by the CEO's of Maine State Inc.

I haven't studied this plan but it certainly is more innovative that anything coming out of Maine State Inc, which justifies its policies by telling us that other states are doing such and such and so and so and so Maine just has to follow suit- ignoring of course, Maine's own border state!

http://nheconomics.org/2014/07/a-business-flat-tax-true-tax-reform-for-new-hampshire/

Comments

Communism and State Ownership of Intellectual Property

Tweet This: http://goo.gl/BcA6ru Government As a Secret Society The response to my informal suggestion that public accessibility to government could be improved by making information available in a searchable data base ( see previous post) subjectively confirmed that the functioning power elite of Maine's economic development programs and policies are both intentional in instituting a political ideology that supersedes the will of the people, as expressed in the Maine State Constitution, and deceptive towards the general public. 1.Information made available on an agency website but not in a searchable database format may not provide the research and investigative tool needed by the public. The Freedom of Access Act does not require that public information be posted online in any particular format, just that public records be made available. While there is a strong argument for increasing the accessibility and usefulness of information, there is no current requ

An Incomplete Theory of Inflation Made to Order for Mass Consumption.

M oney is not what it used to be, so must our ways of thinking about it adapt. jaakko-kemppainen-unsplash The message treads across the media terrain, beating louder and louder as if to drown out the beat of the distant drummer. W arning! The only thing the stimulus will stimulate is inflation. The people will pay as the wealthy elite invests their windfalls in financial assets. Doom and gloom set to march across the land to the beat of the distribution of stimulus funds. In recent years as past predictions of fiscal disaster following stimulus spending failed to materialize and so the thinking about national debt and deficits has evolved, most noticeably with the development of Modern Monetary Theory . In the fall of 2020, National Affairs published a story, Does the Debt Matter ? by Peter Wehner & Ian Tufts. Peter Wehner is vice president and senior fellow at the Ethics and Public Policy Center and served in the last three Republican administrations. Ian Tufts is a recent g

Its Not the Economy, Its the Culture!

Trump has brought into focus a long brewing social crisis SELECTED FOR THE BEST OF TREMR darren-deloach-unsplash I was a Republican, until the 2016 convention when a petition gathered enough signatures to let delegates vote their conscience, and was promptly dismissed by a voice vote. That was when I first became aware that the Republican party was afraid, intimidated and dominated by the Trump base. I felt the party took the traditional base of the party, which included myself, for granted, as if we were party players, guaranteed to support the party, unquestionably, no matter where it went. Deeply ro o ted party obedience has been established. Many whom I once respected and are no longer recognizable. Those of us who did not follow the leaders no longer have a place in the Republican party and have largely become Independents. I voted straight blue in the last election, but consider myself Independent. There is no reason to believe that either one party or the other will continue to

Preserving The American Political Philosophy

Search This Blog