Your Survival Guy

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Rich State, Poor State Rankings: This One Tops New England

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By Wangkun Jia @ Shutterstock.com

If you like the mountains (summer or winter) then you need to visit North Conway, NH. Becky and I have a cabin in Bartlett just up the road and have spent a ton of time in North Conway even before we had a home in the area.

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If you’re a skier you have plenty of slopes to enjoy within 40-minutes or less including Bretton Woods—ranked by Conde Nast Traveler as the #6 resort in the U.S. and Canada.

This week Stephen Moore and his partners Arthur Laffer and Jonathan Williams released the 12th edition of their annual Rich States, Poor States report. The best-ranked state in New England was New Hampshire.

New Hampshire performed well because of 1st place rankings for income taxes, sales tax, estate/inheritance taxes, and state minimum wage levels. New Hampshire also scored well for its personal income tax progressivity and its state liability system survey.

New Hampshire continues to rank high because the Live Free or Die state is open for business.

Read more about Rich States, Poor States here.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.