April 3, 2009
New Hampshire Union-Leader Editorial Board Comments on Budget Proposal in Granite State
"Rep. Smith's Budget: The Flee to Florida Act"
By New Hampshire Union-Leader Editorial Board
These economically important people make up a larger portion of our population than they do in other states. According to the Tax Foundation, New Hampshire ranks 12th in the percentage of residents' taxable income derived from capital gains and dividends. What will these people do when hit with a 5 percent capital gains tax and an 8 percent tax on estates larger than $2 million? Hello, Orlando.
