Institute on Taxation and Economic Policy (ITEP)

Vermont

brief  

State Child Tax Credits Will Boost Financial Security for Families and Children in 2027

• By Neva Butkus

Sixteen states provide Child Tax Credits to reduce poverty, boost economic security, and invest in children. State lawmakers have several options to maximize the impact of Child Tax Credits.

blog  

State Rundown 9/10: States Brace for (and in Some Cases Embrace) Ballots and Budgets

• By ITEP Staff

States across the country will consider a host of ballot measures that could reshape the fairness and adequacy of their states’ tax systems, while other states are receiving budget forecasts that could further shape upcoming policy debates.

blog  

2026 Sessions in Review: States Fund Tax Credits by Preserving, Raising Revenue

• By Aidan Davis

In a year of cautious uncertainty around current and ongoing revenues, many state lawmakers strengthened their tax credits for families and children.

report  

State-by-State Tax Expenditure Reports

• By ITEP Staff

Below is a list of tax expenditure reports published in the states.

blog  

State Rundown 6/25: Trending This Summer? New Revenue!

• By ITEP Staff

It's the first official week of summer, and while many of us are planning vacations, state lawmakers remain busy finalizing and debating tax proposals.

blog  

States Are Standing Up to the Monster Known as QSBS

• By Nick Johnson

We estimate that by 2032, QSBS will be costing states $1.1 billion a year, and since states must balance their budgets, that’s money they can’t use for public services.

blog  

State Rundown 6/4: Fiscal Flowers and Weeds Bloom in June

• By ITEP Staff

A veritable superbloom of tax and budget policies occurred over these last few weeks, including both flowers worth admiring and weeds worth fighting back.

blog  

As Inequality Grows, More States Look to Tax the Rich

• By Alex Welch

From surcharges on the income of high-earners to higher taxes on second homes, here are recent steps states have taken to tax the rich.

Testimony: ITEP’s Miles Trinidad Explains Why Vermont Should Adopt a Wealth Proceeds Tax

• By Miles Trinidad

ITEP Policy Analyst Miles Trinidad testified on the need for a Wealth Proceeds Tax in Vermont on April 16, 2026 at the Vermont House Ways and Means Committee.

brief  

While States Debate New Trump Tax Changes, Equity Must Be at the Core

• By Brakeyshia Samms

States continue to debate whether and how to link their state tax codes to the 2025 federal tax law. This is not just a technical debate.

blog  

State Rundown 4/8: Budget and Tax Packages Take Shape as Sine Die Approaches in Many States

• By ITEP Staff

State legislative sessions are wrapping up, and final tax and budget packages are making their way to governors’ desks.

State Tax Watch 2026

• By ITEP Staff

ITEP tracks tax discussions in legislatures across the country and uses our unique data capacity to analyze the revenue, distributional, and racial and ethnic impacts of many of these proposals. State Tax Watch offers the latest news and movement from each state.

blog  

State Rundown 3/26: Sobering Revenue Projections Keep States on Their Toes

• By ITEP Staff

This week, troubling revenue projections are making headlines, with many lawmakers scrambling to determine how the tax changes at the federal level, plus price hikes driven by national policy decisions, will impact their states.

video  

Testimony: ITEP’s Miles Trinidad on the Need for Vermont to Adopt a Wealth Proceeds Tax

• By Miles Trinidad

ITEP Policy Analyst Miles Trinidad testified on the need for a Wealth Proceeds Tax in Vermont on February 27, 2026 at the Vermont Senate Committee on Finance.  See the slide deck here

blog  

NCTI is an Important Part of the Federal Corporate Tax. States Should Adopt It Too.

• By Carl Davis

Including NCTI in state corporate tax law is an effective way to neutralize much of the tax avoidance that occurs when multinational companies artificially shift their profits into overseas tax havens.

blog  

What Did 2025 State Tax Changes Mean for Racial and Economic Equity?

• By Brakeyshia Samms

The results are a mixed bag, with some states enacting promising policies that will improve tax equity and others going in the opposite direction.

Testimony: ITEP’s Carl Davis on Federal/State Tax Conformity at Pair of Vermont Committee Hearings

• By Carl Davis

ITEP Research Director Carl Davis testified on the impact of the 2025 tax law on Vermont on January 15, 2026 at the Vermont House Ways & Means Committee and the Vermont Senate Committee on Finance.  See the slide deck here Watch the videos here (House) and here (Senate) See all of our resources on conformity […]

blog  

State Rundown 1/22: Cautious Tone Noticeable in Most Statehouses

• By ITEP Staff

Most states are adopting a very cautious approach so far this year as legislators begin their sessions and governors make their annual addresses, thanks to ongoing economic uncertainty and federal retrenchment.

blog  

State Rundown 1/14: New Year Brings New Resolutions for Funding Key Priorities

• By ITEP Staff

State governors are beginning to lay out their top priorities as legislatures reconvene in statehouses around the country.

blog  

State Rundown 1/7: New Year, New Opportunities for Progressive Revenue

• By ITEP Staff

As we kick off a new year, several states are facing revenue shortfalls. Some lawmakers are approaching the challenge with sustainable and equitable solutions.

Public Assets Institute: State of Working Vermont 2025

• By ITEP Staff

In many ways, 2025 has been a year like no other. Federal actions affecting the state have been fast and furious: freezing grants, eliminating housing supports, withholding or slashing food benefits and heating assistance, decimating healthcare access both by cutting Medicaid and ending enhanced insurance premium tax credits. All of this adds up to hundreds of […]

blog  

State Rundown 12/17: Tax Policy ‘Naughty or Nice’ List Has Late Entrants

• By ITEP Staff

With a little over a week left, some states are solidifying their spots on the tax policy “naughty or nice” list.

blog  

State Rundown 12/3: Property Tax Cuts and Deficits

• By ITEP Staff

States are increasingly facing difficult choices as revenues stagnate and deficits come clearer into focus.

brief  

Re-Examining 529 Plans: Stopping State Subsidies to Private Schools After New Trump Tax Law

• By Miles Trinidad, Nick Johnson

The 2025 federal tax law risks making 529 plans more costly for states by increasing tax avoidance and allowing wealthy families to use these funds for private and religious K-12 schools.

blog  

State and Local Policymakers Can Resist Austerity Even Amid Historic Federal Retreat

• By Kamolika Das

The progressivity of the federal tax code has been waning. State and local policymakers should respond by protecting their revenue bases, promoting equity, and safeguarding vulnerable communities from harmful budget cuts.