On Nh living and commutes..
Travis Roy
travis at scootz.net
Fri Apr 23 10:26:01 EDT 2004
Michael Costolo wrote:
> --- Travis Roy <travis at scootz.net> wrote:
>
>>Not only that, they have some whacked out way of doing income tax where
>>the first X amount is taxes at 4%, then the next Y amount on top of X is
>>at 7%, or something like that...
>
>
> The Federal government does it the same way. Like it or not, it is certainly better
> than paying the higher percentage on all your taxable income.
The problem that that approach is that they can sneek tax hikes up on
you.. "Oh, it's only a .2% tax increase on one of the levels" they just
do that every couple years, then after say 4-5 years you effectively
have had a 2-3% tax hike that you didn't think was big deal because
they did it in small chunks over different parts of the tax code.
People complain about the high property taxes in NH, but at least you
know what you're paying and it's right there in front of your face.. not
hidden all over the place with income and sales tax.
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