Is there tax in Burlington Vermont?

Answer 1

In Vermont, income taxes depend on income itself:

"If your income range is between $0 and $32,550, your tax rate on every dollar of income earned is 3.6%.

If your income range is between $32,551 and $78,850, your tax rate on every dollar of income earned is 7.2%.

If your income range is between $78,851 and $164,550, your tax rate on every dollar of income earned is 8.5%.

If your income range is between $164,551 and $357,700, your tax rate on every dollar of income earned is 9%.

If your income range is $357,701 and over, your tax rate on every dollar of income earned is 9.5%."

Sales Taxes:

Vermont's income tax rates are assessed over five tax brackets.

"For single taxpayers:

-- 3.6 percent on the first $32,550 of taxable income

-- 7.2 percent on taxable income between $32,551 and $78,850

-- 8.5 percent on taxable income between $78,851 and $164,550

-- 9 percent on taxable income between $164,551 and $357,700

-- 9.5 percent on taxable income of $357,701 and above.

For married persons filing joint returns:

-- 3.6 percent on the first $54,400 of taxable income

-- 7.2 percent on taxable income between $54,401 and $131,450

-- 8.5 percent on taxable income between $131,451 and $200,300

-- 9 percent on taxable income between $200,301 and $357,700

-- 9.5 percent on taxable income of $357,701 and above."