March 24, 2015

Public Assets Institute: Vermont Has the Capacity to Avoid 2016 Budget Cuts

ITEP Work in Action

Vermont’s income tax is among the lowest in the country: 2.7 percent of the state’s total personal income. Eliminating tax breaks and lowering income tax rates would balance the fiscal 2016 budget without cuts and still leave Vermont’s effective income tax rate lower than those of 24 other states.

Read the full report here.