Published: 07/18/2021 7:00:14 AM
One of the most common complaints I hear from New Hampshire residents is about property taxes. New Hampshire property taxes have been historically high as we have no income or sales taxes. But the new state budget is lowering property tax obligations across the country. There is now more federal funding for New Hampshire than ever before.
In addition, this budget will provide $ 400 million to relieve property taxes, which means more money will flow to cities, which in turn will have to follow in the footsteps of lawmakers and lower property taxes at the local level accordingly. Lower property taxes mean granite staters have more disposable income. More disposable income stimulates the economy by investing those property tax savings in local businesses, meals, entertainment and travel, especially as New Hampshire reopens after the pandemic and breathes new life into our local businesses. This strong and invigorating economic engine drives investments in our state, from which all residents benefit. No income taxes. No sales tax. Lower property taxes as a result of the most conservative budget in our state’s history. A strong and growing economy. The New Hampshire Advantage is Thriving!