Rick Martin, a resident of Plymouth, is facing buyer’s remorse after purchasing a vacant general store in 2022 with hopes of turning it into a thriving local establishment named after his rescue dog, Chloe. However, his business plan is now threatened by an unexpected expense, with the education property tax bill for Chloe’s Market exceeding $9,000 this year.
This issue of rising property taxes has emerged as a significant concern among Vermont residents, with increases totaling over $260 million in the past two years alone. Residents like Bill Murray and Linda Waite-Simpson are feeling the financial strain, with Waite-Simpson considering leaving Vermont due to the high cost of living driven by escalating property taxes.
Candidates for local and statewide office are being asked about their plans to address rising property taxes. Democratic candidate Esther Charlestin suggests exploring wealth tax options, while Republican Governor Phil Scott emphasizes the need to grow the workforce or consolidate schools to alleviate the tax burden.
Vermont residents like Dave Lajoie and Lynn Parker are calling for action to address the increasing property tax bills, with concerns about the impact on their finances and quality of life. As the election approaches, the future of tax policy in Vermont hangs in the balance, with voters set to decide who will address these pressing issues.
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