Overall, New Hampshire ranked No. 1 in the nation for good ROI. Vermont ranked 45, the fifth worst.
With the explosive growth of online shopping, states and municipalities complain that they are losing out on billions of dollars in sales tax revenues, and the laws hindering the sales tax collection, which were made for mail catalog companies, are outdated and ill-suited to today’s economic realities. They have a point.
House Minority Leader Nancy Pelosi vowed Wednesday that Democrats will rework the GOP tax bill if they successfully retake the House in the 2018 midterm elections.
More than half of registered voters in blue or battleground states that Donald Trump won in the 2016 presidential election, each of which has a Democrat senator up for re-election, say the economy is better than it was a year ago, according to a new survey.
“This is very important for Vermonters to hear and know about,” Turner said. “They are going to see an increase in their income tax if we don’t fix this, and the majority is comfortable with that because they will have that much more money to spend.”
The LOT is a tax increase plain and simple. It is bad for Barre citizens. It is bad for Barre businesses. It is bad for Barre visitors. It is bad for Barre, period.
The U.S. government collected a record $361 billion of taxes in January up 5 percent from 2017, in part driven by the improving economy and high spending over the holiday season.
Government systems – and thus previous state budgets – have been designed to grow at around 5 percent a year. My budget grows at less than half that rate, puts us on a stronger fiscal footing and prioritizes investments in growing the economy and making Vermont more affordable.
High-tax states such as New York, California, and New Jersey are spending significant time and resources trying to concoct ways for their high-income residents to evade federal taxes.
Americans’ support for the recently signed Republican tax reform bill is soaring, growing nine percent in favorability since Christmas.
Once the IRS releases its 2018 tables that incorporate the changes from the Tax Cuts and Jobs Act, most workers will see either larger paychecks, or little change in them.