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Bill Shouldice breaks down where our tax dollars come from, where they end up, and how those calculations might change.
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Some of the reasons: rising costs amid climate and health care crises, a desire to reduce property taxes, plus an easier approval process.
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People with incomes under $50,000 and couples with incomes under $65,000 do not pay state taxes on their benefits. A bipartisan effort at the Statehouse wants to raise those income exemption levels.
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A forecast published this week by the Vermont Department of Taxes projects a 5.9% jump in property taxes next year, but Republican Gov. Phil Scott said he is seeking to put forward a proposal that would keep tax bills flat in 2025.
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As Vermont towns begin to put together their fiscal year 2026 budgets, health insurance rates, inflation and a drop-off in federal COVID aid will cause a spike in spending, leading to higher taxes.
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Senate Democrats, who will maintain a slim majority in the chamber next year despite losing six seats on Election Day, say the first week of the 2025 legislative session will be devoted to plans for property tax relief from the administration of Republican Gov. Phil Scott.
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The cost of living is a top issue for Vermonters this election. Here's how your vote can impact future decisions about Vermont taxes and financial assistance programs.
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Education finance is notoriously complicated and full of weird jargon. We hope this helps.
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This year, ¿ªÔÆÌåÓý has been using a reporting initiative called the Citizens Agenda to figure out which issues you care about in the lead-up to Nov. 5. It turns out a lot of people want to talk about taxes â€� and how to lower them.
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Vermont is one of nine states that tax some Social Security benefits. Some people would like to see Vermont expand its exemption to higher income levels.