How the Proposed Constitutional Tax Amendment Would Upend One of the Best School Systems in the Nation

New Hampshire has one of the best public school systems in the nation. Our students consistently score above the national average on standardized tests, and our graduation rates are among the highest in the country. New Hampshire is also one of the few states that does not have a sales tax.

Back to Taxachusetts?: How the proposed constitutional tax amendment would upend one of the best economies in the nation.

by Asian Development Bank

4.7 out of 5

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However, a proposed constitutional tax amendment that is currently on the ballot would change all of that. The amendment would eliminate the state's current income tax and replace it with a 3% sales tax. This would result in a significant loss of revenue for the state, which would have a devastating impact on public education.

How the Amendment Would Affect School Funding

The state of New Hampshire currently collects approximately $1.2 billion in income tax revenue each year. The proposed sales tax amendment would raise an estimated $700 million in new revenue, which means that the state would lose $500 million in revenue each year if the amendment is passed.

This loss of revenue would have a significant impact on public education. The state currently spends approximately $2.2 billion on public education each year. If the amendment is passed, the state would have to cut $500 million from its education budget, which would result in larger class sizes, fewer teachers, and reduced extracurricular activities.

Why the Amendment Would Be a Disaster for New Hampshire

The proposed constitutional tax amendment would be a disaster for New Hampshire. It would result in a significant loss of revenue for the state, which would have a devastating impact on public education. Our students deserve the best possible education, and we cannot afford to gamble with their future.

I urge you to vote no on the proposed constitutional tax amendment.

Back to Taxachusetts?: How the proposed constitutional tax amendment would upend one of the best economies in the nation.

by Asian Development Bank

4.7 out of 5

Language	:	English
File size	:	8671 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	263 pages
Lending	:	Enabled

FREE