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Vermont legislature is clueless if it thinks this or anything else other than a major overhaul of tax system and modernization of the infrastructure would bring
by notyourday 8y ago
Vermont legislature is clueless if it thinks this or anything else other than a major overhaul of tax system and modernization of the infrastructure would bring people to Vermont.
I spent a few weeks recently bumming around the state.
1) Contrary to what Vermonters may think, real estate in Vermont is expensive. Not NYC or SF expensive but none the less very expensive unless it is in a totally need to be burned and rebuilt state.
2) Property taxes are ridiculous. Every time I look at a property I compare its property taxes to property taxes of comparable properties in other areas. Vermont loses to New York! It also loses to New Hampshire. Let this sink in - NH makes most of its revenue from property taxes and property taxes there are still smaller.
3) I put about 800 miles on my car in Vermont. One of the things I really pay attention to is overhead cables. Guess what? Outside what Vermont considers "major cities" cable break out and fiber break out boxes are nearly non-existent. Sat dishes everywhere sort of confirm the point. Internet connections in both random AirBNBs and regular BnBs sucked. Not the Amtrak level bad but close ( after I was done with Vermont I went to New Hampshire. Cable fiber boxes where everywhere and every place I was in had a very decent internet connectivity )
4) Going out costs major $$. New York/Philadelphia level $$. For definitely not New York/Philadelphia level of variety or convenience.
- tclancy 8y ago>NH makes most of its revenue from property taxes and property taxes there are still smaller How are you defining "smaller"? NH is #2 and VT #9 at http://www.tax-rates.org/taxtables/property-tax-by-state http://www.tax-rates.org/taxtables/property-tax-by-state
- notyourday 8y agoMill rates are irrelevant. Assessments in VT are vastly higher.
- RHSeeger 8y ago> Vermont loses to New York To be fair, there's areas in NY with their own city or county property taxes on top of it. Westchester has, last I looked, the highest property taxes in the country.