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Rep. Joshua Dobrevich lays out broad tax-reform plan proposing unified personal income tax
Summary
Representative Joshua Dobrevich presented a sweeping tax-reform proposal to the Ways & Means committee that would repeal multiple taxes (including sales and education property taxes) and replace them with a unified personal income tax; Dobrevich estimated a roughly 13% flat rate to maintain current revenues and proposed safeguards including exemptions for veterans and Social Security and supermajority rules for future rate changes.
Representative Joshua Dobrevich presented a comprehensive tax-reform bill to the Ways & Means committee, seeking to simplify Vermont’s tax code by repealing several existing taxes and shifting primary revenue collection to a single personal income tax for individuals, estates and trusts. "This bill proposes a major simplification, repealing several existing taxes, including the sales and use tax, education property tax, estate gift estate and gift taxes, property tax transfer, land gains, and others," Dobrevich told the panel.
Dobrevich said the proposal would preserve key targeted…
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