The Pledge is a term used in the U.S. state of New Hampshire for a promise by politicians not to support income taxes or sales taxes or other forms of what are known as "broad-based taxes."[1] It has long been an important part of state politics,[2] dating back to the 1950s, although it only become prominent in the 1970s.[3]

Advocates describe it as an important tool in New Hampshire's budgetary process, an embodiment of the state's tradition of frugality and local control.[4] Opponents say it creates a lop-sided and unfair tax structure, overly dependent on property taxes on individuals.[5][6]

References

  1. ↑ "The Pledge". Coalition of NH Taxpayers. Retrieved June 29, 2022.
  2. ↑ Rogers, Josh (September 6, 2018). "For N.H. Democrats Running For Office, The Political Pull Of 'The Pledge' Remains Strong". nhpr.org. New Hampshire Public Radio. Retrieved 15 March 2022.
  3. ↑ Corwin, Emily (October 10, 2012). "History of the Pledge". NPR. Retrieved June 29, 2022.
  4. ↑ Thomson, Tom (2008-03-04). "The pledge is New Hampshire's advantage". New Hampshire Advantage Coalition. Archived from the original on 2011-07-17. Retrieved 2009-03-27.
  5. ↑ "Granite State Priorities". Archived from the original on August 1, 2015.
  6. ↑ Arnesen, Arnie (June 18, 2020). "Isn't it time to scrap The Pledge?". New Hampshire Business Review. Retrieved June 29, 2022.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.