Roper: Repeal Vermont’s estate tax

Gov. Phil Scott and some key legislative leaders indicated a willingness to reform Vermont’s estate tax, raising the exemption from $2.75 million to $5.75 million. This is a good step. An even better step would be to eliminate the estate tax all together.

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Roper: Why pick Vermont?

If we don’t change our tax policies we will not only find that we can’t attract high asset retirees, but we will neither be able to retain our own. And, like New York, we will find ourselves wondering where our revenue has gone.