View Single Post
Old 08-12-2011, 06:43 PM   #56
Skip
Senior Member
 
Skip's Avatar
 
Join Date: Apr 2004
Location: Dover, NH
Posts: 1,615
Thanks: 256
Thanked 514 Times in 182 Posts
Default

Quote:
Originally Posted by Pineedles View Post
OK, then it can be done on the State level. The local Sen. & Rep can propose it, and the State can grant it, right? I think AW was just trying to show how it may be facilitated.
No. That is why it has not been done in New Hampshire.

It would require a major rewrite of the State's current tax code. It can't be waived on a case by case basis by local State Legislators or Senators under our current tax structure.

I am not saying that AW's idea is faulty, some would even argue that other States that have such an allowance use it to their advantage to attract businesses and developers from a State such as ours.

I was just attempting to explain why it isn't done here, as others in the past have raised this same issue in past threads.
Skip is offline