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Issue:

Business

 

Written by:

Bobbi W

 

Date added:

October 11, 2016

 

Level:

University

 

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No of pages / words:

4 / 1027

 

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According to Tannenwald (2001) no other state had delegated such a large fraction of it's fiscal responsibilities to cities and towns. New Hampshire is the only state, other than Alaska, that levies neither a broad-based personal income tax nor a retail sales tax. Many New Hampshire citizens and some economist believe that the absence of both of these taxes has provided an important competitive edge, enabling the state to grow faster other New England states for the past several decades...
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Many New Hampshire citizens and some economist believe that the absence of both of these taxes has provided an important competitive edge, enabling the state to grow faster other New England states for the past several decades. Clearly the absence of a sales tax has contributed to the growth of malls and many other retail establishments on the border of Massachusetts...
displayed 300 characters

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