Is two cents a lot of money? Most of us wouldn’t bother to stop and pick up two pennies we saw lying on the sidewalk. Does that mean that the Vermont Legislature’s proposed two cent per ounce tax on sugar sweetened beverages is not a big deal?
The most important reason for the rapid growth in overall education spending was the passage of Act 60 nearly two decades ago.
Economists painted a generally rosy picture for the coming year, but slow long-term growth, during the 24th Annual Vermont Economic Outlook Conference on Friday.
Business owners, lawmaker, economist and advocates weigh on a report that Gov. Peter Shumlin plans to finance universal health care with payroll and income taxes that will dramatically shift the cost of health care.
Recently the media reported that 15 Vermont ski areas would receive $5 million from Efficiency Vermont to help them purchase more than 2,000 energy efficient snow-making guns, replacing older, less efficient ones, and saving the ski resorts millions of dollars.
There are only two ways to hold down school spending, and by all indications, most Vermonters don’t want to do either one.
If Globalfoundries buys IBM, the company likely would transfer chip production from Vermont to Singapore, not New York, according to an industry expert. UVM Professor Art Woolf says a plant closure wouldn’t kill Vermont’s economy.
Just about everyone in the state believes that Vermont students’ performance is better than almost any other state in the nation. This article challenges that assessment.
Vermont’s low student-teacher ratio is the biggest factor that is increasing costs, according to the study.
At the Vermont Economy Newsletter’s 23rd annual conference, optimism for the national economy was tempered by news of slower growth in Vermont.
Under the Commission’s proposal, the sales tax rate would drop from 6 percent to 4.5 percent, and the tax would be expanded to certain goods and services that were previously exempt.
In vtdigger.org, Jack Hoffman says my analysis that concludes that Vermont’s property taxes are the highest in the nation (or were in 2008) is flawed…Here’s why I added $150 million.
It was only after I asked Woolf to double check the arithmetic that he explained that he decided to inflate the Vermont number before doing his calculation. He offered a couple of explanations for why he thought the Census was wrong.
And, it is Art, who GROSSLY under-exaggerates the current problem, when he states: “the real fiscal problem is in the near term future-the next 10 or 20 years-not today.”
We’ll be lucky if the (forward-looking) financial markets give us another 12 – 36 months to demonstrate a credible plan to deal with – in the words of Mr. Bowles – our “cancer.”