The Progressive plan and solution is here.
Vermont’s statewide property tax is expected to go up next year.
If the statewide levy goes up as expected, it would be the first time since the statewide portion of the property tax system was created in 1997 that it has done so. [snip]
We have fewer students attending therefore we have an increase in per student cost combined with the diminishing property assessments and less tax revenue.
The Tax Commissioner notified lawmakers Tuesday that districts made stupendous cuts in this year’s school spending, scraping the bone in many cases.
“We can’t expect these selfless dedicated public education servants to give up more.”
Tax Commissioner Richard Westman notified lawmakers Tuesday that an expected 2.2 percent increase would be needed to accommodate a projected 2 percent increase in school spending and an additional $26 million needed to enable Vermonters to pay school taxes based on their incomes. [snip]
Westman explained the problem this way:
The State needs OPM to pay the prebate to the taxpayers, who cannot pay their taxes, so that the towns can pay the workers and teachers who otherwise will lose their health care, homes and be unable to pay their taxes, go into foreclosure forcing the state to raise property taxes to cover the shortfall in tax receipts, which we’ll have to make up by confiscating wealthy individuals property and give the houses to persons that lost their homes to foreclosure.
Now do you understand how the system works?
This is the Radiant Future Bernie promised and Shummy says he’ll deliver.
Filed under: Economy, Education, Progressives/Socialists, Vermont | Tagged: Moonbats, Schools, Shap Smith, Shumlin, Taxes, Teachers, Unions, Vermont Legislature | Leave a Comment »




