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Shawn Shouldice: Now is the time to help, not harm, Main Street businesses

New benefit schemes and increased payroll taxes and premiums make it harder than ever to grow or start a small business in Vermont.

How to jumpstart Vermont s small business recovery

The Mountain Times By Shawn Shouldice Small business challenges have persisted for years due to wage mandates, health insurance premium increases, paid family leave requirements, climate change policies that raise energy costs, and higher taxes or trouble hiring due to the state’s aging demographics. But when Governor Scott declared a state of emergency on March 13, 2020, a whole new world of “small business challenges” landed on the backs of those small business owners from which they may not recover. The pandemic caused small business owners to rethink how they do business. Some had to make infrastructure changes like adding Plexiglas barriers and establishing traffic flows. They coped with customer capacity limits and ramped up their online presence to compete with larger more established businesses. And they implemented curbside and delivery services.

Advocates weigh-in on Scott s budget proposals

Tue, 01/26/2021 - 5:16pm tim Vermont Business Magazine Several community and business organizations have weighed in on Governor Scott s budget address, in which he outlined his plan for spending $6.8 billion. The governor has proposed using $210 million in one-time money on one-time initiatives. Much of that funding is going toward state technology upgrades, housing investments and economic opportunity. Governor Scott Proposes Funding Increase for Vermont Housing & Conservation Board In his Fiscal Year 2022 budget address delivered today, Governor Scott proposed a $20 million increase in funding to the Vermont Housing & Conservation Board (VHCB). The funding would support the well-documented need to create more housing across the state and to accelerate Vermont’s economic recovery while also addressing community needs highlighted by the pandemic.

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