3 ms·
High yes but 8.95% is the marginal rate for incomes over 413,350/yr. The median income (according to recent census data) is 57k/yr. On a 100k you would pay some
by amichal 8y ago
High yes but 8.95% is the marginal rate for incomes over 413,350/yr. The median income (according to recent census data) is 57k/yr. On a 100k you would pay something like 5% to Vermont.
$0 - $37,650 3.55%
$37,650 - $91,150 6.80%
$91,150 - $190,150 7.80%
$190,150 - $413,350 8.80%
$413,350+ 8.95%
https://smartasset.com/taxes/vermont-tax-calculator https://smartasset.com/taxes/vermont-tax-calculator