Advocates Want to Raise Taxes for Wealthiest Vermonters by 3 Percent

Posted on AllSides November 9th, 2023
From The Center

A large group of advocates will ask lawmakers in January to increase taxes for Vermont's highest wage-earners, saying the money is needed to bolster housing, health care, and other needs that are increasingly out of reach for low- and middle-income Vermonters.Adding a 3 percent surcharge for people earning $500,000 or more would raise $100 million annually, according to the new campaign, called Fair Share Vermont. And it would help put to rights a lopsided tax policy that has increasingly favored the rich, the group said.“We too often have heard we...

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