Submitted by BelichicksBurner t3_127lg1m in newhampshire
CrowmanVT t1_jeggwds wrote
Reply to comment by WhoWhatWhereWhenHowY in A good article re: repealing interests and dividends tax by BelichicksBurner
They also noted that this has no effect on 87% of NH residents. I'd be surprised if the majority of that group "under $200,000" weren't pretty close to that 200k threshold, not that it really matters.
As noted in the table in the article, in order to pay $500 to this tax a one would need between a $250,000 to $825,000 in investments to generate $10,000 in interest and or dividends. If you've got enough money invested to earn that kind of dough then you can afford the $500. If you have that kind of money and you can't afford the $500, take a long look in the mirror and try to figure out why you suck so bad at money management because it's not taxes that are screwing you, it's your own ineptitude.
- I'm using "you" in the collective sense, not specifically #WhoWhatWhenWhenHowY
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