New Hampshire ranked best on taxpayers’ return on investment, Vermont is 41st
New Hampshire finished first in a new study by the WalletHub website on whether residents of the 50 states are getting the most bang for the buck for their tax dollars.
Deb Billado: Republicans gaining ground on repeal of military pension tax
Some Democrats are getting scared and are starting to see the political writing on the wall. Just this week, Democrat Lt. Gov. Molly Gray and U.S. Sen. Patrick Leahy both came out in favor of the repeal of military retirement taxation — standing in stark contrast to their own caucus. It’s about time.
Gov. Scott and Lt. Gov. Gray: It’s time to eliminate the tax on military retirement pay
“Fully eliminating this tax is not only about honoring our veterans for their service and sacrifice, but also about growing our workforce and increasing diversity in our state.”
Roll Call: How your representative voted on exempting $30k of military pensions from income tax
S.53 failed in the State House of Representatives on April 15, 2021, by a vote of 55-79. The bill would exempt the first $10,000 of military pensions from the state income tax.
Roper: The ‘cloud tax’ is back
Don’t let the politicians use the cover of good tax decreases on feminine products and military pensions to hide the stink of two major tax increases on Vermonters.
New Hampshire tax burden one of lowest in country, Vermont third highest
New Hampshire ranks 46th in the country when it comes to overall tax burden, according to a new analysis.
Biden administration calls for global minimum corporate tax rate
Nations must unite to ensure corporations do not avoid taxation by moving to countries with lower tax rates, Treasury Secretary Janet Yellen said Monday. Last week, President Joe Biden proposed to increase the U.S. corporate tax rate from 21% to 28% as a way of paying for his $2 trillion infrastructure plan.
New Hampshire gives best rate of return for tax dollars, according to report
New Hampshire ranks first out of the 50 states when it comes to taxpayer rate of return, according to a new analysis. WalletHub compared the 50 states across the areas of health, safety, education, economy and infrastructure and pollution.
John Klar: The government is considering a financial weapon of mass destruction
What is terrifying is not that AOC is calling for insane monetary policy and whole new means of tax takings. What is terrifying is that almost no one is raising the fiscal alarm.
VTGOP: Statement on expanding the VT sales tax
The Vermont Republican Party calls on all legislators of all parties to formally and loudly reject this proposal. At our most recent State Committee Meeting a resolution opposing this new tax was passed unanimously.
Vermont ranked low in 50-state taxpayer ROI report
Vermont was ranked low, 41 among 50 states, when it comes to taxpayers’ return on investment (ROI). In other words, taxpayers pay-in to Montpelier but don’t see much overall for their investment.
John Klar: Tax inequities in Vermont
The state of Vermont has no incentive to reduce spending or be accountable for wasted millions, and so it only grows bigger, seeking ever more revenue to feed its expansive programs.