02-02-2018 23:30 via vtdigger.org

Scott administration unveils Vermont income tax reforms

Secretary of Administration Susanne Young. Photo by Mike Dougherty/VTDiggerThe Tax Department announced a plan Friday to reduce the state tax burden on Vermonters who will be adversely impacted by a change in the federal tax law.The plan would return an estimated $30 million in tax revenue to Vermont residents that would otherwise fill the state coffers in fiscal year 2019.The Scott administration’s proposal is in keeping with the governor’s commitment to hold the line on tax increas
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