Repressive Taxes in Vermont

Overview of Vermont’s Tax System

Vermont has various taxes including income tax, property tax, and sales tax, which significantly impact residents and businesses.

• Income Tax: Progressive rates that can reach up to 8.75%.
• Property Tax: Local municipalities levy property taxes that can vary widely.
• Sales Tax: A base rate of 6%, with additional local taxes.

Comparative Analysis

Vermont's tax burden compared to neighboring states, highlighting the potential impacts on migration and economic growth.