December 31, 2019

VTDigger: Report: Vermont Economic Divide Is Growing Larger

media mention

Vermont taxes are relatively progressive, the report said, noting that the state was one of five singled out by the Institute on Taxation and Economic Policy in 2018 for systems that “do not worsen income inequality.”

But federal tax policy — including policy set well before the Trump administration — has been more regressive, disproportionately benefiting the wealthiest Vermonters.

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