Why is there no state tax in New Hampshire?

With no income or sales tax, New Hampshire does rely heavily on property taxes By Jake Berry on Monday, July 23rd, 2012 at 6:00 a.m. New Hampshire typically ranks among the wealthiest and healthiest states in the country, but, according to gubernatorial candidate Jackie Cilley, the Granite State boasts one distinction that isn’t as complimentary. read more

For taxable periods ending before December 31, 2016, an 8.5% tax is assessed on income from conducting business activity within the State of New Hampshire. For multi-state businesses, income is apportioned, using a weighted sales factor of two and the payroll and property factors. read more

High property taxes make up the difference, but New Hampshire's proximity to Boston leads to a regular exodus of shoppers across the Massachusetts border to avoid that state's 6.25% sales tax. 2. Delaware Delaware is a small state, but it plays a vital role in providing a home for most of the nation's largest corporations. read more