Why do we pay income tax? New Hampshire Doesn't

Watch Liberty Tonight - Tonight at 10PM here on Rumble.com/libertytonight 10pm eastern. New Hampshire has eliminated the Interest and Dividends (I&D) Tax. This tax was previously levied on income from interest and dividends at a rate that was phased down to 3% for taxable periods ending on or after December 31, 2024, before being completely repealed for taxable periods beginning after December 31, 2024. This means that as of January 1, 2025, New Hampshire no longer taxes personal income from interest and dividends, making it entirely income tax-free for all personal income sources including wages, salaries, and investment income.