As the end of the 2023 tax season approaches, state officials are calling attention to a new tax credit that offers financial support to families with children under the age of 6.In May 2022, Gov. Phil Scott signed the child tax credit, H.510, into.
When H.510 was finalized in May 2022, then-House Ways and Means Committee Chair Janet Ancel, D-Calais, told VTDigger she believed the new child tax credit would be the “most significant (state-level) tax relief package we’ve been able to offer Vermonters.”
School spending across the state is slated to increase 7.7% over the current year. But on Town Meeting Day, voters will weigh in on budgets that are growing by various amounts.
2023 Vermont Economic Conference provides outlook for the year ahead vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
Gov. Phil Scott is asking lawmakers to sign off on a nearly $300 million mid-year spending plan, and he also wants them to use a revenue surplus to lower property tax bills next year.