New Hampshire has once again been named the state with the best taxpayer return on investment for the tenth consecutive year. A new report from Wallethub credits the state’s lack of an income tax as a key factor in its efficient use of tax dollars. Governor Kelly Ayotte attributes the state’s success to its commonsense leadership and fiscal responsibility.
The state has low crime rates, clean air, and one of the best public school systems in the country, according to the report. New Hampshire consistently ranks high in economic liberty and fiscal responsibility, and was named the best place in North America for economic freedom for the sixth year in a row last year.
The state’s economic success played a pivotal role in the governor’s race last year, with Ayotte winning by a significant margin over her Democratic opponent. Drew Cline of the Josiah Bartlett Center for Public Policy believes that other states can learn from New Hampshire’s low tax, low-spending culture that focuses on maximizing every dollar.
Following New Hampshire in the ROI rankings are Florida and South Dakota, while California ranks as the worst state for taxpayer return on investment among the lower 48 states. Ayotte pledges to continue building on the state’s success and maintaining it as the best place to live, work, and raise a family. Only Rhode Island from New England made it to the top 10, emphasizing New Hampshire’s exceptional track record in managing tax dollars effectively.
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