Here we welcome a free and open exchange of opinions and commentary on the public policy issues facing New Hampshire. Our mission is to raise new ideas and improve public policy debates in our state through quality information and analysis.
Updated 8/31/15 for new data through tax year 2013.
The Internal Revenue Service, in addition to being the Federal government’s tax collector, also publishes statistical data on individual and business income by year from Federal tax filings.
One of the more helpful statistical series are estimates of migration, based on year-to-year address changes reported on individual income tax returns filed with the IRS. The data series presents migration patterns by State or by county for the entire United States and are available for inflows—the number of new residents who moved to a State or county and where they migrated from, and outflows—the number of residents leaving a State or county and where they went.
On June 25th the Governor vetoed the budget, one day after it passed both chambers of the Legislature. The path forward is unclear but we know two things - the Governor and Legislature must agree on a budget that is balanced, and all parties have promised to return to the negotiating table. Disagreements on business tax cuts, cigarette tax increases, aid to cities and towns, funding for local schools and higher education, state funding of the safety net for low income individuals and raises for state workers will all be part of the agreement to come.
Two months ago, we announced here on our blog that we were undertaking a new research project that would examine the economic, social and other impacts of a proposed natural gas pipeline to run through southwest New Hampshire. At the time, we noted that our analysis was to be paid for by Kinder Morgan, the pipeline’s developer, although as is our custom, the Center would retain full control over the design and content of the final study.
The Brooking Institution has an interesting piece this week about the impact of so-called "minority" (i.e. non-white) population growth on the US labor market. The US labor force is expected to grow by more than 5 percent through 2030, but without “new” minorities (especially recent immigrants and their children), there would be an 8 percent decline in the US labor force.
Earlier today, Center Economist Dennis Delay provided testimony on Senate Bill 113, legislation which would allow the creation of two casinos with slot machines and table games. The Center has conducted numerousstudies of legalized gambling in New Hampshire in recent years. Today's testimony, presented at the invitation of House Ways & Means Committee Chairman Norm Major, focused on the fiscal note accompanying SB 113. Delay's full testimony to the committee follows.
The New Hampshire Senate officially takes the reins in the state budget negotiations this week, one week after the House passed its version of a two-year spending plan. As the next state budget moves one step closer to completion, it's worth asking a basic question that should be at the heart of this process: What is New Hampshire’s vision for the future, and how can the budget help realize it?