The American Legislative Exchange Council says Vermont’s high income taxes, high property taxes, and high labor costs hurt its chances to grow business.
I’m not exactly sure who the American Legislative Exchange Council is (they sound important, don’t they), but they argue that high taxes seems to be a problem for Vermont, eh? (“Eh?” comes from living so close to Canada, in case you were wondering, eh?)
With a Democrat-controlled Statehouse I doubt we’ll see any meaningful reform in the way of taxes. In fact, there has been serious discussion about raising taxes here in the Green Mountain State.