Vt. House advances tax increase bill

March 27, 2013, 6:16 pm


MONTPELIER, Vt. (AP) — The Vermont House has advanced a wide-ranging package of tax increases that will raise collections from upper-income households, levy the sales tax on soda and candy and add 50 cents to the tax on a pack of cigarettes, among other things.

Supporters say the package is needed to meet a variety of needs for new revenues, ranging from increased child care subsidies to money for low-income heating assistance.

But critics spent much of Wednesday afternoon complaining that the new levies — especially those on retail sales — would send more business to low-tax New Hampshire.

The new taxes — about $27 million worth in 2014 — follow House passage of an increase in the Vermont gasoline tax.

The measure awaits final House approval before going to the Senate.

Tags:
RELATED STORIES
COMMENTS
Investigators said they do not believe anyone outside the family was involved in the Saco shooting
Police in Duxbury, Mass. responded to report of suspicious package in intersection
The blaze in Stow, Mass. injured 4 firefighters; official cause remains under investigation