Apr 4, 2011

N.H. Retailers’ Study: No Sales Tax Helps StateBy SeacoastOnline.com

While New Hampshire’s retail industry has long been thought to be important to state’s economy, misconceptions regarding the characteristics of retail jobs have been in abundance, according to a new study showing the state’s sales tax free advantage gives real value to the state, and that retail is offering good paying career opportunities to workers.

Polecon Research has released a study — sponsored by the Retail Merchants Association of New Hampshire, in conjunction with the New Hampshire Automobile Dealers Association — that provides a detailed, accurate, and complete picture of the retail industry, it’s employees, and it’s role in New Hampshire’s economy.

Nancy Kyle, president/CEO of the Retail Merchants Association of New Hampshire stated, “This is the first time we’ve had pertinent, solid information about retail’s contribution to New Hampshire’s economy, and just how much impact our sales tax free status has.”

In a presentation to the New Hampshire House Ways and Means Committee last week, Brian Gottlob of Polecon Research documented the impact a retail sales tax would have on the New Hampshire economy, and the quality and importance of retail jobs in the state.

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