New Hampshire Weighs Measure to Ban Income Tax

Sunday, 04 Nov 2012 05:40 PM

By Katie Lotman and Patrick Hobin

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
New Hampshire, whose residents have “Live Free or Die” etched on their license plates, is weighing an amendment its constitution which states: "No new tax shall be levied, directly or indirectly, upon a person’s income, from whatever source it is derived."

The measure’s supporters say it will make the state more attractive if the uncertainty over the possibility of new taxes is erased completely. Among New England states, New Hampshire has a competitive advantage over the four other states because of its lack of income and sales taxes.

Opponents, such as the Keene Sentinel newspaper, say that logic “just doesn’t add up.”

“Today’s lawmakers have no more idea what the future holds than those who served centuries ago…If the people of New Hampshire decide down the road that an income tax is in their best interest, they should be able to elect lawmakers who will act on their wishes,” it argued.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Obama Makes Rare Campaign Trail Appearance, People Leave Early

Sunday, 19 Oct 2014 18:14 PM

President Barack Obama made a rare appearance on the campaign trail Sunday at a rally to support the Democratic candidat . . .

Bolton Mum About Using $7M From His PACs for 2016 Run

Sunday, 19 Oct 2014 17:53 PM

Former U.N. Ambassador John Bolton won't say if he plans to use any of the $7 million raised by two political action com . . .

RNC, DNC Chairpeople Square Off on Senate Fate, Ebola

Sunday, 19 Oct 2014 16:37 PM

Democratic National Committee Chair Rep. Debbie Wasserman Schultz claimed Sunday that her party will keep control of the . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved