Should New Hampshire business tax triggers be repealed?
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Posted on 5/4/2020 by
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After the 2008 financial crisis shrank state revenues, the budget shortfall was offset in part by withholding funds and transferring hundreds of millions of dollars in costs to municipalities, which defrayed them by increasing property taxes. Although the economy recovered, these measures have become permanent features of the fiscal landscape, where property taxes represent nearly two-thirds of all state and local tax receipts.

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