1. Restructure the homestead education tax
2. Broaden the sales tax base
3. Modernize income tax features
4. Undertake analysis in order to eliminate tax burden/benefit cliffs
5. Improve administration of property tax
6. Create a comprehensive telecommunications tax
7. Utilize tax policy to address climate change
8. Collaborate with other states so each state can build a fairer, more sustainable tax system
Recommendation 1: Restructure the Homestead Education Tax
Key components:
A. Eliminate the Property Tax Credit
B. Eliminate the homestead education property tax, and implement income-based education tax for all residents (owners and renters) with rate tied to locally voted budgets.
C. Levy the non-homestead education property tax on all property except the residence and 2-acre site.
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More than a few Vermonters have asked over the past four years: Why is Gov. Phil Scott still a Republican?
That question â and, between the lines, a bigger question about what it means to be part of the Grand Old Party in Vermont â was asked out loud on Friday.
Going back to the 2016 campaign, Scott has made no secret of his distaste for Republican President Donald Trump, criticizing him openly despite the potential ramifications.
Scott was among the first Republican governors to say after Trumpâs first impeachment that he should have been convicted and removed from office. He strongly condemned Trumpâs role in the Jan. 6 insurrection at the U.S. Capitol. And, unlike many GOP members of Congress, and notably, some leaders within the Vermont GOP, Scott declared that Joe Biden had, indeed, won the presidential election and ought to resign or be removed.