Quote:
Originally Posted by Pineedles
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.
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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.