Wakesurfing legislation call to action

[John Mercier]

Originally Posted by LakeDad

“Plenty”, “some” and “tons” are not really measurements. I don’t know which area brings in more revenue, but there are ways to look this up.

My wife prefers the seacoast and I prefer the lake.
I won this time

Property tax tends to be one of my primary motivators when shopping homes: One could argue that property tax is one of the most immoral taxes: Who wants to pay a lifelong mortgage after you’ve already paid your property off? This got to be such a problem in CA, they capped it based on an annual % of the purchase price, regardless of appreciation.

Alton, Gilford, Wolfeboro and Moultonboro bring great value. Some of the sea coast has similar value, so both will remain popular for years to come.

When I look at Gilmanton, Bow and other places, I’d have a hard time justifying a purchase. A house the price of mine in Bow would have double the property tax.

NH Travel and Tourism has data on where the Meals & Rental taxes are coming from by specific address, but generally correlates by zip code.

We use property taxes... which we have since the founding of the State (and used to pay all State level revenue as property taxes including on livestock and equipment) because property is much more stable, and moreover, the property tax generally goes towards items that improve the value of the property.

[LakeDad]

Originally Posted by John Mercier

NH Travel and Tourism has data on where the Meals & Rental taxes are coming from by specific address, but generally correlates by zip code.

We use property taxes... which we have since the founding of the State (and used to pay all State level revenue as property taxes including on livestock and equipment) because property is much more stable, and moreover, the property tax generally goes towards items that improve the value of the property.

Using them doesn’t make them any less immoral of a tax. One should be able to buy a home, pay it off and sit. If tax revenue is absolutely required, gather it at spending points. This prevents the retired (fixed, often low, income) from being disproportionately injured financially year after year.

People who have had a paid off house for 20 years, only to be displaced by unaffordable taxes is ****ing immoral.

[dippasan]

No need for a $150,000 wake boat to tow you if you have one of these.
Minimal wake, minimal shoreline impact, battery powered

https://www.youtube.com/watch?v=j_PhLgPtfcg

[Woodsy]

Its not just elderly... pretty much any family with lakefront property will be priced/taxed out eventually! They are not making anymore lakefront, and its a high demand commodity. We see this now in almost all aspects of lake life... I know of 1 marina getting close to $7700 for valet & winter storage!

Woodsy

[FlyingScot]

Originally Posted by LakeDad

Using them doesn’t make them any less immoral of a tax. One should be able to buy a home, pay it off and sit. If tax revenue is absolutely required, gather it at spending points. This prevents the retired (fixed, often low, income) from being disproportionately injured financially year after year.

People who have had a paid off house for 20 years, only to be displaced by unaffordable taxes is ****ing immoral.

Gathering revenue at spending points is an excellent idea...as long as you don't need roads plowed/repaired, or need to call the police, or the fire department, or believe in public education...

I agree that nobody should be taxed out of their (primary) residence. Many towns have tax relief programs that enable cash-strapped older people to put off paying property taxes until their home is sold. Since everybody's seen huge run ups in real estate value over the 20 years you cite, that should work for all towns

[John Mercier]

Originally Posted by LakeDad

Using them doesn’t make them any less immoral of a tax. One should be able to buy a home, pay it off and sit. If tax revenue is absolutely required, gather it at spending points. This prevents the retired (fixed, often low, income) from being disproportionately injured financially year after year.

People who have had a paid off house for 20 years, only to be displaced by unaffordable taxes is ****ing immoral.

What spending points?
And they are protected under NH RSA 72:38-a