Earlier quoted context omitted.
Given it's "up to $10k" it could easily be 125 people at $1k each.
Good news everyone! The State of Vermont will buy you a one-way train ticket to come and live there.
Vermont will cover $10K of expenses for people who move there and work remotely
121–130 of 196 posts
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#122Earlier quoted context omitted.
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…
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...
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#123For 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…
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#124For 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…
Vermont legislature is clueless if it thinks this or anything else other than a major overhaul of tax system and modernization of the infrastructure would bring people to Vermont. I spent a few weeks recently bumming around the state. 1) Contrary to what Vermonters may think, real estate in Vermont is expensive. Not NYC or SF expensive but none the less very expensive unless it is in a totally need to be burned and r…
How are you defining "smaller"? NH is #2 and VT #9 at http://www.tax-rates.org/taxtables/property-tax-by-state
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#125Earlier quoted context omitted.
And yet the neighboring state of New Hampshire, which has some of the lowest taxes in the country (0% sales tax, 0% state income tax), beats Vermont handily in SAT scores. https://blog.prepscholar.com/average-sat-and-act-scores-by-s... What does Vermont have to show for its higher spending? Why do you see higher spending as an automatically good thing if it doesn't have any evidence of having a beneficial effect?
Possibly because until recently NH had all high schoolers take the SATs to be used in statewide assessments. It would follow teachers would then spend classroom time preparing their students for it.
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#126Earlier quoted context omitted.
> notoriously high-tax state Some societies think that it is wise to spend on some things such as education (see https://www.washingtonpost.com/news/local/wp/2015/06/02/the-... ). Others think that lowering taxes at whatever cost is better. The former fits with my thinking, which is why I like it here.
> notoriously high-tax state Some societies think that it is wise to spend on some things such as education (see https://www.washingtonpost.com/news/local/wp/2015/06/02/the-... ). Others think that lowering taxes at whatever cost is better. The former fits with my thinking, which is why I like it here. It's a little more nuanced than that, and not necessarily an either/or as you have described it. More than likely in…
People say that, but then they privatize functions of government, and if they're lucky, they end up with the same level of service. And then now there's a middleman involved who needs to get profit, meaning wages and service get cut.
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#127For 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…
On top of the taxes, housing is pretty bad too. You can be a reclusive hermit in southern / central VT on the cheap, but the closer you get to Burlington / Essex Jct the more expensive it gets. This is in part caused by the size of the University of Vermont - high demand for housing, small area. Many buildings have too many units crammed into them for the same reason. Not nearly as bad as the valley, but another reas…
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#128Earlier 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…
Crazy.
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#129Earlier quoted context omitted.
And yet the neighboring state of New Hampshire, which has some of the lowest taxes in the country (0% sales tax, 0% state income tax), beats Vermont handily in SAT scores. https://blog.prepscholar.com/average-sat-and-act-scores-by-s... What does Vermont have to show for its higher spending? Why do you see higher spending as an automatically good thing if it doesn't have any evidence of having a beneficial effect?
Possibly because until recently NH had all high schoolers take the SATs to be used in statewide assessments. It would follow teachers would then spend classroom time preparing their students for it.
Re: Vermont will cover $10K of expenses for people who move there and work remotely
#130For 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.