New Hampshire’s lack of income and sales tax comes at a cost, reflected in high property taxes and unstable business tax revenues. A flat-rate income tax with substantial exemptions could alleviate property tax burdens, ensure adequate school funding, and stabilize state finances, while maintaining legal compliance and progressivity through credits.
New Hampshire faces a severe housing shortage, requiring about 23,670 units immediately and nearly 90,000 by 2040. A proposed State Housing Development Bank aims to provide low-cost financing for affordable housing projects, addressing capital gaps that hinder construction. This approach seeks to leverage successful models from neighboring states for effective solutions.
