Delving Into Vermont Taxes
The common wisdom is that Vermont is a high tax state and New Hampshire is a low tax state. I have been reading that gasoline prices actually are lower in Vermont than in neighboring states, largely due to a lower state gasoline tax. And I wondered whether perhaps the gasoline tax is an area in which Vermont actually is a low tax state in relative terms. So I visited the web site of the Tax Foundation, a nonprofit tax research organization offering extensive information about the relative tax burdens of U.S. states on its web site at www.taxfoundation.org/about/. I was surprised to learn that the total tax burden for individuals in Vermont is actually not much higher than the total tax burden for individuals in New Hampshire. The real difference is business taxes.... Read the full post.
Leigh Cole