#stitch with @COURIER This Rich McCormick school lunch thing was the final straw for me after a week full of bales being heaped on our poor collective camel.
Replying to @Apple User677492831 This is just an idea. I’m looking for constructive feedback to refine the concept. Here's the breakdown: Revenue Generation: Vermont's scenic appeal attracts second-home buyers, often from out of state. A higher tax on these properties could bring in $212M–$450M annually (depending on implementation). Market Effects: It could stabilize or reduce housing prices by discouraging speculative ownership, potentially freeing up homes for local families. Fairness: Primary residents, especially year-round locals, are less able to absorb rising taxes than second-home owners. This tax could balance the burden. Proposed Features Differential Tax Rate: Higher rates specifically for non-primary residences (e.g., a 1% surcharge). Primary residency would need proof (driver's license, voter registration, etc.). Tiered System: Luxury homes or properties with little occupancy face higher taxes. Encourages efficient use of housing stock. Incentives for Long-Term Rentals: Tax waivers for owners who lease their properties long-term, increasing rental availability. Expanded Revenue Stream: Significant funds for education and social programs. Improved Housing Affordability: Reduced speculative ownership and more homes for locals. Community Stability: Fewer seasonally vacant homes, creating vibrant, year-round communities. I’ve also run revenue scenarios based on current data: Scenario A (Conservative): $212M/year from 55,000 vacation homes. Scenario C (Optimistic): $450M/year if vacant properties are also included. Questions for Feedback Does this approach feel fair to primary residents and second-home owners? What unintended consequences might we be overlooking (e.g., market distortions, reduced tourism)? Are there other uses for this revenue that would better address Vermont’s challenges? Your thoughts are invaluable—whether you're a Vermonter, a second-home owner, or just someone with ideas on tax policy or rural development. Thanks in advance for your insights!