497 results found for "tax flight"

Share of Vermont housing units by primary heating source, 2023

While energy costs have come down from their 2022 peak, they’re higher than in 2021. A Vermont household with two vehicles and using fuel oil to heat their home spent over $1,200 more in 2024 than in 2021. The volatility in energy prices, particularly for fossil fuels, makes it hard for Vermonters to predict their bills from month to month and year to year. Changing federal policies, such as weakening efficiency standards and the ending of tax credits for electric vehicles, as well as the elimination of many grants for climate infrastructure, make it harder to invest in sustainable and more durably affordable energy.

Annual energy cost for an example Vermont household, 2019-2024

While energy costs have come down from their 2022 peak, they’re higher than in 2021. A Vermont household with two vehicles and using fuel oil to heat their home spent over $1,200 more in 2024 than in 2021. The volatility in energy prices, particularly for fossil fuels, makes it hard for Vermonters to predict their bills from month to month and year to year. Changing federal policies, such as weakening efficiency standards and the ending of tax credits for electric vehicles, as well as the elimination of many grants for climate infrastructure, make it harder to invest in sustainable and more durably affordable energy.

State of Working Vermont 2025

…households in Vermont, differentiated by family size and urban or rural areas. This analysis applies to taxpayers under 65 because expenses and taxes change for taxpayers 65 and over. Adults…

Town2town map: Changes in education policy complicate spending analysis

…the connection between school budgets and tax bills or see how spending and tax rates have changed over time. With metrics and calculation methods changed, it is more difficult to…

If healthcare tax credits expire, Vermonters face the biggest losses in the U.S.

REVISED REPORT – 11/26/25 publications-specs-width-narrow One of the main issues at stake in the federal government shutdown was the expiration of enhanced healthcare premium tax credits, which help people buy…

Seize the opportunity for a second chance on school reform

…some homeowners are getting hit with tax increases not tied to spending increases. There are ways to address those jumps and make the tax system fairer without the disruption of…

State leaders got the SNAP response right

…that they are not afraid to sacrifice the health and safety of Americans to advance their political goals. This includes eliminating healthcare tax credits that help 30,000 Vermonters access healthcare….

Vermonters qualifying for premium assistance, by poverty level, Jan. 2025

In 2025, over 30,000 Vermonters on the exchange received an estimated total of $350 million to help cover the cost of care. Most of these funds come from federal tax credits, including at least $65 million from the enhanced credits. Vermont provides just under 2 percent of the assistance ($6.2 million). Participants range across income and age; a third are between 55 to 64 years old.

Annual second-lowest silver plan cost, for a 40-year-old, by state, 2025

One of the main issues at stake in the federal government shutdown is the expiration of enhanced healthcare premium tax credits, which help people buy insurance through the state marketplace. If Congress does nothing, the credits will expire at the end of 2025, and millions of Americans will see large increases in the cost of their healthcare.

Among these are as many as 30,000 Vermonters. And because Vermont’s exchange has the highest premiums in the country, Vermonters will see the biggest increases. Middle-income participants are looking at an additional $10,000 a year for an individual and $32,000 for a family of four.

Annual premium cost of benchmark silver and gold plans, by income and family type, 2026

Taxpayers using the exchange receive federal premium tax credits (PTCs), which are based on the cost of the benchmark silver plan and are often paid directly to the insurer. Recipients pay a percentage of their income toward the premium, on a sliding income scale, and the PTC covers the rest.

Healthcare exchange participants by age, Vermont, 2025

In 2025, over 30,000 Vermonters on the exchange received an estimated total of $350 million to help cover the cost of care. Most of these funds come from federal tax credits, including at least $65 million from the enhanced credits. Vermont provides just under 2 percent of the assistance ($6.2 million). Participants range across income and age; a third are between 55 to 64 years old.

Annual second-lowest silver plan cost, for a 40-year-old, by state, 2014 and 2025

Because Vermont has the highest premiums in the country and some of the fastest growth in costs in recent years, Vermonters will be hit particularly hard. An individual making $63,000 would pay $15,000 a year for the benchmark plan—nearly a quarter of their income. A family of four at the same poverty level could see an increase of over $30,000 a year.