Property
Taxes
We must address the issue
of property taxes in this state. Farmers, working families and small
businesses are all being squeezed by soaring property tax bills.
I am pleased that we were
able to reduce the property tax rate by 7 cents this legislative session
but more must be done.
It does not add up that schools
are seeing a steady decline in enrollment, yet property tax payers are
seeing their rates go up at double the rate of inflation. That is
why I’ve proposed a cap on property taxes. This will allow for responsible
growth. If a town wishes to pass a budget with increases greater
than inflation they will be allowed to do that with a supermajority of
60 percent support.
Unfortunately, the legislature
did not act on this reasonable step to help Vermont tax payers but I will
continue to work to reduce the property tax burden Vermonters are faced
with.
This is a key component of
the Affordability Agenda.
Visit
the Governor's official website here
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