NH’s Tax Landscape

The Problem

New Hampshire’s economy is rigged — not broken, but intentionally structured by and for the wealthy:

  • The state may lack income or sales tax, but this simply shifts the burden. Working families shoulder the cost through soaring property taxes and hidden fees.

  • Nearly 1 in 10 children in NH live in poverty. Meanwhile, the wealthiest residents and big companies benefit from loopholes and tax breaks, leaving working families to fill the gap. These families end up paying a higher share of their income in state and local taxes, while vital services like education, healthcare, and housing remain underfunded.

    • Because the wealthiest dodge their fair share, the rest of the state bears the burden:

      • Parents struggle to choose between working and paying for child care.

      • Young workers face being priced out of their hometowns.

      • Families get by as billionaires continue dodging taxes.

The Solution

OEOF envisions an economy that works for everyone, not just the affluent few:

  • They aim for an economy grounded in fairness, transparency, and shared responsibility, one that fully supports the services communities depend on—and reflects real people’s needs, not those of billionaires.

    • Close corporate tax loopholes that allow powerful interests to dodge paying their fair share.

    • Fund what matters: robust public schools, affordable housing, quality healthcare, and accessible child care.

    • Build a people-first budget that invests in thriving communities across New Hampshire.

  •  If the wealthiest and big corporations paid what they owe, New Hampshire would have the resources it needs to flourish. It’s not about lacking resources—it’s about priorities.

Key Numbers That Define the Landscape

Key StatisticWhat It Reveals
~98,000 Granite Staters live in poverty, including ~20,000 children. Poverty is a policy choice—we can invest upstream instead of paying downstream.
50%+ of renters pay over 30% of income on housing. Housing costs are crowding out essentials; we need supply, protections, and revenue.
Child care for two young kids averages the cost of a mortgage. Families can’t work without care; funding stability is a workforce issue.
NH ranks 50th for public higher-ed funding. Underinvestment pushes costs to families and fuels out-migration.
Repealing the Interest & Dividends Tax removed ~$184M (≈8.8%) in annual revenue. Major losses limit capacity to fund schools, housing, and health.
Property taxes do the heavy lifting in NH’s revenue mix. Local taxpayers carry the burden while the wealthy benefit from loopholes.

Resources

  • A concise primer across housing, child care, health, income/poverty, and state budget to pull top-line stats from. Click here to read.

  • Explains how NH funds public services and the tradeoffs of the current tax mix—perfect for your “fair rules” framing. Click here to read.

  • Shows how rents have surged (e.g., median 2-BR to ~$1,833/month in 2024), outpacing wages. Click here to read.

  • Documents why child care remains unaffordable and scarce, with current costs and access trends. Click here to read.

  • Confirms NH still ranks last nationally for state support, with implications for tuition and the workforce. Click here to read.

For more data and analysis, visit the New Hampshire Fiscal Policy Institute.

It’s not a question of resources—it’s a question of priorities.

We’re here to set those priorities straight.

Want a say in our future?

TAX THE RICH.

for our economy. for our future.