Strong majority oppose a millionaire tax in New Hampshire – 445 participants
Jul 17, 2017
In 2018, voters in Massachusetts will consider adding an extra income tax on earnings that exceed $1 million per year. Read more about this issue. On July 17, the LFDA decided to put the issue to its Facebook members, posting the question, “Should NH pass a tax on annual income over $1 million?”
Should NH pass a tax on annual income over $1 million?
Participation: 445 participants gave 1,303 responses.
A total of 92% of those participating gave a ‘yes or no’ response to the question. The remaining 8% of participants engaged in the discussion but did not give a ‘yes or no’ response. In total, 445 individuals from New Hampshire contributed a total of 1,303 responses or reactions to this question. (Click here for details on our methodology.)
What Participants Said
No: A strong majority of ‘yes or no’ respondents, at 82%, were opposed to taxing annual income over $1 million.
- “Good way to drive the rich out of the state. They'll take their business and [their] businesses with them. We don't want that loss.”
- “No additional taxes, and definitely not an income tax. Now it's a million, next year it's a half million... sooner or later we're all subject to it.”
- “No. We don't have a revenue problem. We gave a spending problem.”
Yes: A minority of ‘yes or no’ respondents, at 18%, were in favor of taxing annual income over $1 million.
- “If it allows them to lift tax burdens that affect poorer people, absolutely.”
- “NH needs more tax revenue, and a low income tax rate on high income earners would be reasonable supplement to our property taxes, limited sales taxes, and tax on unearned income.”
- “Those who can afford to pay should, for the good of all.”
Other: As noted above, 8% of those participating did not give a ‘yes or no’ response, instead addressing their comments to related questions and issues. These included:
- Revenue and taxation: “Governments need funds to pay for the services which we all receive. Nobody wants to pay taxes, but we must get the necessary funds from taxes, from borrowing, or from plunder. I'd say the last source is unrealistic, and borrowing is only appropriate to a very limited extent.”
- Tax breaks: “We need to get rid of tax breaks.”
- Alternative suggestions: “How about over $10 million?”
*Editor selection of actual participant quotes.