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An Overview of New Hampshire’s Tax System

December 17, 2010 State Tax Policy
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A look at some of the trends in tax collections over the past decade with a brief description of each of the state’s eight major sources of tax revenue — highlighting some of the characteristics that can help guide policymakers in devising a response to the fiscal challenges now before New Hampshire.

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New Hampshire Taxes Remain Comparatively Low, Slow Growing

August 26, 2010 State Tax Policy
NH state quarters

New Hampshire has long been portrayed as a low tax state, due in large measure to the absence of broad-based sales and income taxes. Census Bureau data released last month generally affirm that portrayal, revealing that, relative to the size of its economy, New Hampshire has nearly the lowest level of combined state and local taxes in the nation.

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Legislature Considers Mini-Budget, Many Other Spending Bills as Session Ends

14 May 2018

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Following a flurry of amendments to existing bills, the Legislature now faces major spending decisions in a non-budget year that would make use of the current unrestricted revenue surplus. Bills to authorize new State expenditures totaling approximately $130.4 million, which is in addition to the current State operating budget, propose major changes, including a new agreement with hospitals over reimbursements, education and transportation infrastructure funding, State employee salary increases, and reductions in state revenue. The Legislature is convening a Committee of Conference on the largest bill on May 15, and plans to wrap up all its business by May 24.