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New Hampshire Passes Texas on Tax Competitiveness – NH Journal

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New Hampshire Passes Texas on Tax Competitiveness – NH Journal


(This article first appeared at JBartlett.org)

 

New Hampshire this year slipped ahead of Texas to claim the No. 6 spot on a national index of state tax competitiveness published by the Tax Foundation.

Formerly the Business Tax Climate Index, the newly redesigned 2025 State Tax Competitiveness Index combines the Tax Foundation’s indexes for corporate, individual income, sales, property and unemployment insurance taxes.

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New Hampshire ranked No. 1 on sales taxes, 12 on individual income taxes, 27 on unemployment insurance taxes, 32 on corporate taxes and 39 on property taxes.

That was good enough to place New Hampshire sixth overall, behind perennial top-five states Wyoming, South Dakota, Alaska, Florida, and Montana.

Texas, previously in the sixth spot, fell to seventh, with New Hampshire edging up one spot by a fraction of a point.

(The foundation applied its new methodology to previous studies going back to 2020 so states could compare their progress.)

Texas ranked No. 1 on individual income taxes, but was in the bottom half on all other taxes. New Hampshire’s only personal income tax—the Interest & Dividends Tax—is scheduled to expire at the end of this year.

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Wyoming and South Dakota, the top two states for years, tied as usual for No. 1 on both corporate and individual income taxes.

Florida (with which New Hampshire competes for residents, workers and retirees) also tied for No. 1 in individual income taxes. It ranked No. 10 in unemployment insurance taxes, 14 in sales taxes, 16 in corporate taxes, and 21 in property taxes.

The Tax Foundation praised New Hampshire lawmakers for voting in 2023 to let businesses fully deduct interest expenses in the year incurred, rather than over time.

“This change, following on the heels of rate reductions to New Hampshire’s two business taxes, helped New Hampshire’s corporate component ranking improve by eight places, from 40th to 32nd,” the report noted.

New Hampshire was dinged for high property and corporate taxes.

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The report noted that the Interest & Dividends Tax rate change from 4 percent to 3 percent did not alter this year’s ranking because the state was already so competitive. But eliminating the tax is seen as a positive step.

“New Hampshire will officially join the ranks of the individual income tax-free states once its low-rate interest and dividends (I&D) tax is eliminated in January 2025, further solidifying its competitive standing overall,” according to the report.

To improve New Hampshire’s tax competitiveness, the Tax Foundation recommends “eliminating the I&D tax…adopting permanent full expensing” and improving the state’s treatment of net operating loss carry forward,” all things legislators have tried to address in recent years.



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New Hampshire

Book Sale | Blood Drive | Quilters Meet | Talk: Separate Fads From Facts When Dieting: Events Around NH

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Book Sale | Blood Drive | Quilters Meet | Talk: Separate Fads From Facts When Dieting: Events Around NH


CONCORD, NH — Here is the latest Calendar listing roundup from around New Hampshire.

And do not forget: Event listings are free on one Patch site. You can share your calendar listing on other community sites for a modest fee, starting at 25 cents per day. To get started, visit the Events link on the front page of all Patch sites. Statewide calendar roundups are published on Mondays, Wednesdays, and Fridays.

Tuesday

GoodLife Book Sale (Concord)



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New Hampshire

NH dog facility owner charged with animal cruelty after video surfaces online

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NH dog facility owner charged with animal cruelty after video surfaces online


A 26-year-old woman, who owns a dog training and kennel facility in Brentwood, New Hampshire, has been arrested after a video surfaced online showing apparent animal cruelty in Methuen, Massachusetts.

Brentwood police notified the Methuen Police Department about the video on Jan. 2. A preliminary investigation then identified the woman in the video as Maddison Eastman.

Police obtained an arrest warrant for Eastman on two counts of animal cruelty, and she turned herself into Lawrence District Court last Wednesday.

Eastman was arraigned Friday. Information from her court appearance wasn’t immediately available, and officials haven’t released further details about what Eastman allegedly did.

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Methuen police said they’ll have no further comment at this time and referred all inquiries to the Essex County District Attorney’s Office.



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David M. Parr

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David M. Parr


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David M. Parr, 63, of Merrimack NH passed away on Wednesday, January 7th, 2026 at the Community Hospice House in Merrimack after a long battle with cancer.

He was born in Nashua, NH on September 26th, 1962, one of six children to the late Albert and Pauline (Fish) Parr. He was raised in Nashua and was a graduate of Nashua High School, Class of 1981.

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David spent his entire career working in sales for several building products companies. In his free time, he enjoyed working around his house perfecting his lawn and yard, fly fishing, camping with a great campfire and stories, hiking, backpacking, watching the Bruins and Patriots, and following politics. Most of all he loved raising and spending time with his children with his wife and constantly sharing his dad jokes to make them laugh. He was so proud of both Brendan and Shannon and the amazing adults they became.

Along with his parents, he was pre-deceased by an infant brother, Michael Parr and a brother-in-law, Robert LeBrun.

He will be forever loved and remembered by his wife of 31 years, Lorraine (Plante) Parr; two children, Brendan Parr and his fiancée Anna Conte, and Shannon Parr; five siblings, Susan Cole-Kelly, Debra Murphy, Bonnie and her husband Patrick Mihealsick, Lauren LeBrun and Dan Parr and his wife Darcey along with numerous nieces and nephews.

Visitation hours will be held at the Rivet Funeral Home, 425 Daniel Webster Highway, Merrimack NH on Friday, January 16th, 2026 from 5 – 7 PM. A Memorial Mass of Christian Burial will be celebrated at Our Lady of Mercy Church, 16 Baboosic Lake Road, Merrimack on Saturday, January 17th at 9 AM. Burial will follow at Last Rest Cemetery.

Kindly visit rivetfuneralhome.com to leave an online condolence for the family.

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