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NHFPI Testifies in Support of Increase to NH Minimum Wage

February 11, 2014 Research, State Economy

The New Hampshire Fiscal Policy Institute (NHFPI) today joined New Hampshire legislators, small business owners, and a broad coalition of statewide organizations in voicing support for an increase to New Hampshire’s minimum wage, currently $7.25 an hour and the lowest in New England. NHFPI Executive Director Jeff McLynch provided testimony …

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Proposed Database Purchase Costly, Duplicative and Potentially Less Effective than Existing Safeguards

Manchester NH

NHFPI looks at the eligibility determination system and verification protocols currently used to ensure funds for New Hampshire’s Financial Assistance to Needy Families program, Medicaid and Food Stamps are used appropriately. Lawmakers are considering adding a new layer of enforcement. More specifically, HB 1658, presently before the Senate Finance Committee, would require the state to buy or build a new computerized income and identity verification system.

A closer examination of the proposal reveals several potential concerns, including evidence that the proposed database searches are likely to lead to false positives because they flag information that is flawed or irrelevant to eligibility.

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Capping Assistance Would Affect Few but Add to Economic Hardship for Some Children

February 6, 2012 Research, State Economy
Manchester NH

In any given month in 2010, some 11,000 people looked to New Hampshire’s Financial Assistance for Needy Families (FANF) program for help in meeting everyday needs. Of that number, nearly three in four were children, many of whom are being cared for by relatives in the absence of a parent. The cash benefits available under FANF are temporary in nature, generally contingent upon meeting some form of work or education requirement, and fall well short of securing even the most basic of essentials. In fact, the average monthly FANF payment of $507 amounts to less than half the poverty level for a parent and child.

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Common Cents Blog

State’s Diverse Tax Base Stabilizes Revenue, But Business Tax Changes May Increase Volatility

29 Jun 2017

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New Hampshire’s state tax revenue is relatively stable, but the State’s largest tax may be among the most volatile types of common taxes, a new analysis from The Pew Charitable Trusts suggests. Between 1997 and 2016, New Hampshire’s tax volatility, as measured through percentage changes from the prior fiscal year, was only higher than five other states, suggesting New Hampshire’s tax revenues do not typically deviate dramatically from year to year relative to other states. However, digging into the diverse revenue streams and drawing on the experiences from other states shows some risk for New Hampshire.