NEWwbztv-small wbz-am-small 985-small mytv38web2

News

Amendment Would Ban Income Tax In New Hampshire Forever

By Norma Love, Associated Press
View Comments
(credit: CBS)

(credit: CBS)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

CONCORD, N.H. (AP) — New Hampshire’s historic resistance to a personal income tax would no longer be left to politicians to uphold if a proposed prohibition against the tax is enshrined in the state constitution.

The House votes Wednesday on a constitutional amendment that would bar any new tax on personal income. Supporters say the amendment wouldn’t affect existing taxes but would stop lawmakers from levying new taxes directly or indirectly on someone’s income regardless of its source.

Opponents object that the proposal would handcuff future legislatures in dealing with changing economic conditions.

WBZ-TV’s Lauren Leamanczyk reports

New Hampshire is one of nine states that doesn’t tax personal income, though it taxes interest and dividends. New Hampshire and Alaska are the only states without taxes on either personal income or sales.

Copyright 2012 The Associated Press.

View Comments
blog comments powered by Disqus