Proposed Tax Reductions Would Deeply Diminish Revenues for Public Services

The New Hampshire House of Representatives is considering several pieces of legislation that would substantially reduce revenue available for public services. This array of legislation includes a bill that would reduce the Meals and Rentals Tax rate for restaurant meals, and another that would exempt businesses from taxation under the Business Profits Tax, reducing State ...

New Hampshire Child Care Scholarship Eligibility to be Expanded in 2024, Provider Reimbursement Rates Increased

The average price of child care in the Granite State for an infant in center-based care was over $15,000 in 2022. To help make child care more affordable, the State Fiscal Years (SFYs) 2024-2025 biennium budget, enacted July 1, 2023, expanded family income eligibility for New Hampshire Child Care Scholarship recipients, reduced family cost share ...

Latest Census Bureau Data Show Median Household Income Fell Behind Inflation, Tax Credit Expirations Increased Poverty

This month, the U.S. Census Bureau released two datasets in rapid succession that provide insights into the economic well-being of both Granite Staters and all U.S. residents. These data show that, after accounting for temporary federal government assistance provided through tax credits, poverty rose substantially in 2022 after falling in 2020 and 2021, largely due ...

Housing Shortage Continues to Increase Costs for Granite Staters

New Hampshire’s shortage of available housing units has contributed to rapid rental and house price increases in the State since the beginning of the pandemic. Renters and potential home buyers are very likely to face serious challenges in finding suitable and affordable housing in the Granite State. The 2023 New Hampshire Statewide Housing Needs Assessment ...