Sorry, I don't agree with that. The context of profit is money which shareholders are entitled to after accounting for the costs of their business. None of those things apply to government.
Also, New Hampshire does not have sales tax on certain goods and services. Hotel rooms and car rentals, for example, do have sales tax. And apparently, alcohol sold at the state alcohol stores.
>Sorry, I don't agree with that. The context of profit is money which shareholders are entitled to after accounting for the costs of their business. None of those things apply to government.
I have to disagree. In a very real sense, the residents of a political entity are the stakeholders within that political boundary and, at least in a democratic (small 'd') society, those stakeholders are, in fact, the owner/shareholders of that political entity.
That's neither very profound nor much of an intellectual stretch. Although, apparently you disagree. Why is that?
> I have to disagree. In a very real sense, the residents of a political entity are the stakeholders within that political boundary and, at least in a democratic (small 'd') society, those stakeholders are, in fact, the owner/shareholders of that political entity.
That still doesn’t mean it makes sense to categorize government income as “profit” (for the purposes of this discussion trying to discern whether or not NH taxes alcohol).
Governments and businesses have (or are supposed to have) different priorities, and are (theoretically) structured so that in exchange for the government being given a monopoly on violence for those who don’t pay, the government (ideally) is working towards providing services that benefit all of society, for the long term.
The New Hampshire government’s website linked above even states:
> $146m Annual Contribution To The General Fund
What difference does it make if the tax is not separated out like alcohol taxes in most other states? The bottom line is New Hampshire could be selling alcohol for less, but it chooses not to in order to use the extra money to fund government services. That is a tax.
>What difference does it make if the tax is not separated out like alcohol taxes in most other states? The bottom line is New Hampshire could be selling alcohol for less, but it chooses not to in order to use the extra money to fund government services. That is a tax.
