Tag Archives: tax

Local News
May 3, 2017

Senate OKs property tax increase

By Tiffany Danitz Pache, VTDigger

The Senate Thursday, April 27, gave preliminary approval to a bill that will raise property taxes.

The proposal transfers $8 million of the state’s annual contribution for teachers’ retirement from the general fund to the education fund.

That shift frees…

State News
April 12, 2017

New carbon tax proposals look to shift burden onto pollution

By Mike Polhamus, VTDigger

Four House members are proposing what they’re calling tax reform bills that all seek to institute carbon taxes while reducing or eliminating other taxes or returning the revenue to Vermonters through other means.

One of the bills would eliminate Vermont’s sales…

Column
March 22, 2017

Beware of schemes during tax season

By Kevin Theissen

It’s tax season! Every year, around this time, the Internal Revenue Service (IRS) publishes its dirty dozen—a list of scams criminals use to try and ferret out personal information and/or steal money. For example, if you received an email from a top…

Local News
March 22, 2017

New property tax formula would shield lower-spending districts

By Tiffany Danitz Pache, VTDigger

A House Education Committee has approved a bill that revamps the statewide property tax formula for education. The formula is based on a per pupil calculation. School districts that spend above a threshold would pay a higher tax rate; those…

Income tax form has line for wildlife fund donation
News Briefs
March 8, 2017

Income tax form has line for wildlife fund donation

Interested in conserving Vermont’s wildlife? Consider making a donation to the Nongame Wildlife Fund on line 29 of the state income tax form this tax season. The fund helps to conserve some of Vermont’s most threatened wildlife species such as bald eagles, lynx, and bats.

Local News
March 8, 2017

1 percent local option sales tax to be rescinded

Act 46 Modified Union District to be created By Polly Lynn Mikula KILLINGTON—Killington may be the first town in the state to rescind a local option tax. The 1 percent option taxes on sales as well as room, meals and alcohol were adopted in Killington…

Letter
March 1, 2017

Keep the 1 percent local option sales tax

Top three reasons to consider

Dear Editor,

I am​ writing in support of the 1 percent local option sales tax, a tax I did not initially support years ago when first proposed, but one that I now find necessary and worthwhile. I am generally in…

Local News
March 1, 2017

Local options tax receipts highlight early winter

By Evan Johnson

At its Feb. 21 meeting, the Killington Select Board announced the local option tax results for the fourth quarter. Killington took in $153,655.43 in sales and use and $92,823.89 in room and meals receipts during October, November and December.

The fourth quarter…