Another Business Leaves VT

Here is the latest from our friends at the Vermont GOP:

Governor Shumlin and the Democrat legislative supermajority’s inability to make serious changes in Vermont’s property tax structure is costing Vermonters jobs. Just recently Fox 44 detailed how one company has had to leave the Green Mountain State.

They story mentions:

Susan Wachob and her husband are the owners of Hearthside Quilts in Hinesburg. After 14 years of doing business in Vermont they’ve decided to move their business to Virginia. “We have to leave,” says Wachob.

Wachob says two years ago the money started running out. Between her home and her company she was paying $16,000 a year in taxes. She says, in Virginia, she’ll be paying a quarter of the business taxes she was paying in Vermont. “We really have to go somewhere where we can build our income back up,” she says.

But for Susan Wachob and her family, it’s personal. She’s loved living in Vermont but has this message for lawmakers: “What planet are you living on? Its not the same one I’m living on. We’re empty. We’re done.”(Fox44 July29, 2011)

Pat McDonald, Chair of the Vermont Republican Party said, “Its stories like these that lead us to be ranked by ForbesMagazineinitsbottomfivestatestodobusinessin! Vermont’s Governor and Democratic super majority need to get serious about the property tax issue. Recently New York’s Governor Cuomo (D) provided strong leadership by supporting and then signing into law a property tax cap. In Vermont we saw our Governor and the Democratic supermajority move forward with a broad based property tax increase – something which hasn’t happened since the passage of Act 68!”