MANCHESTER (March 9, 2009) – Kiplinger.com has released its “Top 10 Tax-Friendly Cities” list for 2009, and Manchester has been named the second-most tax friendly city in the nation. Manchester residents have a combined state and local tax burden of 3.8 percent, which only trails Anchorage, Alaska, for this prestigious honor.
“I am thrilled, but not surprised, that Manchester ranks so highly on this list,” Mayor Frank Guinta said. “It is extremely gratifying to see where Manchester ranks among other major cities from across the country. Because of the New Hampshire Advantage and sound fiscal policies at the local level, Manchester residents can be proud of our ranking.”
“When you have a low tax burden like Manchester does, it allows people to start businesses, invest in their children’s education, survive tough economic downturns and implement prudent personal financial strategies,” Mayor Guinta said. “This is why I am always advocating for fiscal restraint that does not burden families with unnecessary taxes. We must continue these policies if we are to remain a successful city.”
For more information about this ranking, go to: finance.yahoo.com/taxes/article/106691/Top-10-Tax-Friendly-Cities