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Vermont will cover $10K of expenses for people who move there and work remotely

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Re: Vermont will cover $10K of expenses for people who move there and work remotely

#131

Post by ErikAugust »

dsfyu404ed wrote: post #111
ErikAugust wrote: post #95

Earlier quoted context omitted.

Vermont won't be like Boston because of a dozen remote workers. The University does much more to "Jersey" or "Masshole" Vermont, and that doesn't even do much.

>The University does much more to "Jersey" or "Masshole" Vermont, and that doesn't even do much. Agreed about the impact of 30 people being negligible (and some of them will probably be people who are from VT and want to move back but need a little extra incentive to kick off the process) That said, the fact that they're looking to import talent instead of retain local talent is what annoys me. There's plenty of STEM…

"That said, the fact that they're looking to import talent instead of retain local talent is what annoys me. There's plenty of STEM grads who don't want to leave northern New England but feel forced to in order to make money."

Totally - I always felt frustrated and even shocked there wasn't any organized/concerted effort to do so!

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#132

Post by pwthornton »

leetcrew wrote: post #67
mrguyorama wrote: post #61

Earlier quoted context omitted.

Not (as much, see below) anymore. That was specifically removed by the recent tax overhaul The more cynical view is that this was done on purpose to harm blue states that tend to have higher state income taxes

> The more cynical view is that this was done on purpose to harm blue states that tend to have higher state income taxes this could very well be true, but it does seem unfair in the first place to be able to deduct state income tax. it's great that some states have decided to increase their income taxes to offer more services to their citizens, but why should tax payers in other states have to subsidize them without…

In general, wealthy higher-tax states subsidize the poorer, lower-tax states.

The argument for the deduction, which has always existed, is to prevent people from being double taxed. A higher-tax state may tax its citizens to pay for infrastructure or services, whereas a low-tax state relies on the federal government to pay for the same stuff. There are tons of people in poverty in a lot of southern lower-tax states. Who do you think pays for all of the government services these people need?

The tax plan was specifically designed to harm blue states and to make residents of blue states pay and even higher, even less balanced share of tax receipts in the country.

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#133

Post by JumpCrisscross »

NeutronStar wrote: post #51
jackhack wrote: post #19

For many, this won't even begin to offset the increase in income and property taxes from this notoriously high-tax state. Individual or business, you're likely to pay more. http://money.cnn.com/gallery/smallbusiness/2012/10/15/state-... >>The income tax has a top rate of 8.95%. This ranks as the sixth-highest in the U.S., although it only applies to taxpayers making over $413,350 per year. Meanwhile, total state and…

Can't you deduce state tax from federal income? It's really weird seeing the US get scared of a 8% tax. Those taxes are services after all.

> It's really weird seeing the US get scared of a 8% tax. Those taxes are services after all.

Not necessarily. Illinois spends roughly half its budget on pensions. In New York, where I don't need a car and can offload much of what I'd hire a lawyer for onto regulators, I get a decent bang for my buck. (Though we still have horrendous waste.)

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#134

Post by rograndom »

Spooky23 wrote: post #56
gk1 wrote: post #18

Earlier quoted context omitted.

Yes, I was surprised by this: > Vermont has budgeted grants for about 100 new remote workers in the first three years of the program and about 20 additional workers per year for every year after. Vermont lost 10,000 working-age residents over the past five years.[1] This plan will (in theory) recover just ~1% of that. Maybe they're monitoring reactions to this announcement before they put more money into the program?…

With skiing in the east an industry in rough shape since it doesn't snow anymore, and agriculture in a slow death spiral, Vermont is trying to embrace it's potential as a bedroom community for NYC and Boston. Burlington is a cool little city and the countryside is beautiful as well. If they can use a small program like this to stimulate some cadre of "pioneers", they'll get alot of value, and perhaps some improved ou…

The big resorts make their own snow so it's not like things are completely dead. But there is the subconscious thing for visitors nearby where if there's no snow in NYC or Boston they forget that there is always snow on the major mountains here.

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#135

Post by camdenlock »

eezurr wrote: post #50

I've lived in Burlington, VT for the last two years, having moved from a large city. The brain drain is real. I am leaving the state soon because I simply cannot relate to people and culture up here. (Note, this is for people who are 35 year olds up here with families who I never met). There's an inverse bell curve of age distribution. I've discovered slightly above average intelligent people up here think they are m…

Just curious, what do you mean by “intelligent” here? What kinds of people is Vermont losing exactly?

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#136

Post by VideriQuamEsse »

wuliwong wrote: post #122
superplussed wrote: post #75

Earlier quoted context omitted.

I hadn't heard that there has been a decline in snowfall, it's pretty stark in the Pacific West: https://www.epa.gov/climate-indicators/climate-change-indica...

I don't totally understand the figure. What is determining the number of data points taken? It looks like the density of readings in the NW is much higher than in the NE.

I would assume that most of the snowfall data comes from ski resorts, and there are a lot more of those in the west than in the east.

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#137

Post by dsfyu404ed »

lotsofpulp wrote: post #31
protonimitate wrote: post #5

Earlier quoted context omitted.

I think it's great remote work is starting to catch on. I think it could help revitalize a lot of the rural areas just outside of major metro footprints. I am also born and raised New England, NH and ME could also benefit from this type of program (although Portland seems to be more up and coming). There's a lot of really good reasons to escape the Boston bubble, but unfortunately companies are holding tight to brick…

In my experience, proportionally, more smart young people who have the skills for tech work prefer living in cities with other like minded people. So if you want to hire them, you have to be there otherwise someone else will employ them.

Or they choose different careers because they don't want to live in the city with a bunch of people who think nothing like them.

A good chunk of the EEs where I went to school were doing it instead of CS because there were fewer CS options that didn't involve moving to a culturally incompatible city.

edit: The clock strikes lunchtime in SV and suddenly everything I posted today gets down-voted. It kind of illustrates my point about culture compatibility.

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#139

Post by InitialLastName »

leetcrew wrote: post #67
mrguyorama wrote: post #61

Earlier quoted context omitted.

Not (as much, see below) anymore. That was specifically removed by the recent tax overhaul The more cynical view is that this was done on purpose to harm blue states that tend to have higher state income taxes

> The more cynical view is that this was done on purpose to harm blue states that tend to have higher state income taxes this could very well be true, but it does seem unfair in the first place to be able to deduct state income tax. it's great that some states have decided to increase their income taxes to offer more services to their citizens, but why should tax payers in other states have to subsidize them without…

The cynic would argue that those same states also tend to pay into the federal government disproportionately. "Why should we be subsidising states like Alabama (who can't even be bothered to educate their populations) without receiving any benefit?"

Re: Vermont will cover $10K of expenses for people who move there and work remotely

#140

Post by bogomipz »

Spooky23 wrote: post #56
gk1 wrote: post #18

Earlier quoted context omitted.

Yes, I was surprised by this: > Vermont has budgeted grants for about 100 new remote workers in the first three years of the program and about 20 additional workers per year for every year after. Vermont lost 10,000 working-age residents over the past five years.[1] This plan will (in theory) recover just ~1% of that. Maybe they're monitoring reactions to this announcement before they put more money into the program?…

With skiing in the east an industry in rough shape since it doesn't snow anymore, and agriculture in a slow death spiral, Vermont is trying to embrace it's potential as a bedroom community for NYC and Boston. Burlington is a cool little city and the countryside is beautiful as well. If they can use a small program like this to stimulate some cadre of "pioneers", they'll get alot of value, and perhaps some improved ou…

>"With skiing in the east an industry in rough shape since it doesn't snow anymore, and agriculture in a slow death spiral,..."

Can you elaborate on the slow death spiral of agriculture part? Are you talking about the effects of globalization factory farms or something else specific to Vermont/Northesat?

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