By Julia Purdy After the Gospel, Charles Dickens’ “A Christmas Carol” is probably the best known story of Christmas in the English language. Since 1900, the entertainment industry alone has produced at least 50 versions for film and TV. We […]
Tag: Taxes
What’s new this tax year?
Deadline for taxes is April 18 By Kevin Theissen Tax season is upon us again. It officially began on Jan. 24, and you’ll need to file by April 18 (unless you file for an extension). The deadline is usually April […]
2022 tax filing season opened Jan. 24
The 2022 tax season officially opened Monday, Jan. 24 at both the federal and state levels. This is the date that the IRS and Vermont begin accepting and processing personal income tax returns for tax year 2021. The Vermont Dept. […]
Are your taxes going to change?
By Kevin Theissen Most likely you’ve heard what’s brewing in Washington, D.C. called by one of these following names: The Build Back Better Act, “the $3.5 trillion budget reconciliation bill” or the “Jobs and Economic Recovery Plan for Working Families.” […]
Opting in and out of government spending
By John McClaughry Editor’s Note: McClaughry, vice president of the Ethan Allen Institute, a free-market oriented public policy research and education organization. A large insurance company has been flooding the television channels with an advertising slogan “Only Pay for What […]
Most Mendon taxpayers will pay less
Increased home valuations, lower municipal tax rate, surplus, state education formula explained By Brett Yates MENDON — A previous article in the Mountain Times, “Tax rate plunges in Mendon” (July 28), misstated the municipal tax rate in Mendon for 2021–2022 […]
Mendon home values jump after first reappraisal in 16 years
By Ethan Weinstein Earlier this year, the town of Mendon performed property reappraisals for the first time in 16 years, and the increased assessments have blindsided some residents. “I estimate that 95% of the properties went up in this reappraisal,” […]
Auditor’s report on dairy confirms industry flaws
Dear Editor, The Vermont State Auditor’s report, which tells us that the cost to taxpayers for supporting the Vermont dairy industry during the period 2010-2019 has been very high but stops short of saying largely ineffective, has already stimulated the […]
Income taxes are complex but logical
By Kevin Theissen The Internal Revenue Service estimates that taxpayers and businesses spend 6.1 billion hours per year complying with tax-filing requirements. To put this into perspective, if all this work were done by a single company, it would need […]
Half of Vermont’s towns will see increased property tax rates
Half of Vermont towns will pay higher property tax rate than last year. This chart shows towns with the highest rate in 2019 at the top. Pomfret has the largest increase (shown right); Middletown Springs the largest decrease. By Xander […]