Revenue is essential to funding the priorities of the state and supporting vital public services. State and local revenue in New Hampshire stems primarily from taxes, and each resident, visitor, and employer has a vital role in generating the resources required to maintain essential systems and meet the needs of Granite Staters.
Property taxes are the primary revenue source for local governments, while the largest tax revenue sources for the State are taxes on business profits and compensation, restaurant meals and hotel room rentals, tobacco sales, real estate transactions, insurance premiums, motor fuels, and other economic activity. State revenue also comes from sales by State-operated enterprises selling liquor and lottery tickets.
NHFPI seeks to improve public understanding of New Hampshire’s revenue system, its role in financing state expenditures, and the impact it has on families and individuals at different income levels.
Thank you to everyone who joined the New Hampshire Fiscal Policy Institute on March 6, 2026 for our data-driven discussion on the Medicaid Enhancement Tax and what federal changes to the MET would mean for Granite Staters. At the event, Jessica Williams, New Hampshire Fiscal Policy Institute Senior Policy Analyst, Lucy Hodder, Director and Professor of ...
State revenue collections in January continued to improve the State’s fiscal bottom line overall, while still sending mixed signals about the future strength of ongoing revenue sources. The New Hampshire General Fund and Education Trust Fund collected a combined $193.1 million in revenue in January, $8.3 million (4.5%) more than planned. However, a total of ...
Presented by Phil Sletten, New Hampshire Fiscal Policy Institute Research Director at NHFPI's webinar, Examining New Hampshire’s Business Enterprise Tax, on February 2, 2026. You can find the webinar recording and more information here.
Presented by Phil Sletten, New Hampshire Fiscal Policy Institute Research Director to The Center for Advancing Rural Health Equity at Dartmouth Health on January 30, 2026.
First published in New Hampshire Bulletin, January 27, 2026. Earlier this month, the New Hampshire House passed what looks like a tiny change: a 0.05 percentage point cut to the ...
KEY POINTS The Business Enterprise Tax (BET) is a unique New Hampshire State tax on compensation, interest, and dividends paid by organizations in the state BET rate reductions have decreased ...