Preserving The American Political Philosophy

TWEET THIS USING THIS SHORT LINK http://goo.gl/u2fKk0 New Hampshire features a state by state comparison on its website. This is the comparison to Maine . Interesting to note that despite New Hampshire NOT taxing personal income, NOT having a sales tax, and NOT having an estate tax, it's top corporate income tax is still lower than Maine's . Top Corporate Income Tax New Hampshire 8.5% Maine 8.93% An explanation for this may be Maine's two-tier income tax whereby Maine offers corporations providing jobs of an income level above the median household income, tax exemptions and cash payouts - but taxes businesses offering jobs that pay the medium household income or below under general laws. I would argue that such a practice is unconstitutional by Article IV Part Third Section 14 of the Maine Constitution which stipulates that "All corporations, however formed, are subject to general laws" I suspect that all of the state by state comparisons tha

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