Legislation that would raise taxes on the top 1% of income earners in Vermont has no chance of becoming law this year, but some Democrats say they hope the proposal sharpens the contrast between them and Republican Gov. Phil Scott heading into this year’s midterms.
The House Committee on Ways and Means has spent the last three weeks crafting proposals that would raise income taxes on households that earn more than $586,000 a year. The plans, which would bring in anywhere between $62 million and $110 million annually in new revenue, also include a new tax on “unearned” investment income, such
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