New Buckeye Institute Analysis Finds New Hampshire’s Financial Restoration is Higher Than Anticipated
Feb 25, 2021
Columbus, OH – On Thursday, The Buckeye Institute launched a brand new coverage report, New Hampshire’s Economic Recovery: Better Than Expected, by its Financial Analysis Heart in partnership with the Josiah Bartlett Center. The brand new report found that “[c]oming out of 2020, New Hampshire is in higher monetary form than many different states because of a sound income construction, comparatively restrained spending, a robust financial system, and good administration.”
Within the report, creator Logan Kolas, an financial coverage analyst with the Financial Analysis Heart at The Buckeye Institute, builds on his analysis in A Case Study from the Heartland: Ohio’s Tax Collections Reveal Danger from Big Government Bailout, writing, “The pandemic of 2020 has accomplished untold financial harm to households, companies, and state and native governments throughout the nation. Fortuitously, New Hampshire’s fiscal home was so as earlier than the pandemic, with low taxes and a wholesome reserve fund that made it simpler for state policymakers to reply properly to the sudden financial challenges at-hand.”
Upon releasing the report, the Josiah Bartlett Heart (JBC) noted that the analysis demonstrated that “New Hampshire’s expertise throughout the pandemic confirmed the worth of budgetary restraint and sound monetary administration,” with JBC president Andrew Cline stating that “[r]estrained state spending, a steady tax base, and a robust financial system let New Hampshire climate the pandemic higher than many different states did.”
To assist residents and policymakers perceive how coverage choices influence companies, households, jobs, the financial system, and state revenues, the Economic Research Center (ERC) at The Buckeye Institute supplies dependable analysis and customized dynamic financial modeling on tax coverage, authorities spending, power coverage, and well being care coverage. Since 2016, the ERC’s work has saved taxpayers in 10 states greater than $1 billion.
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