Mainecat Posted May 31, 2018 Share Posted May 31, 2018 Vermont governor signs bill to pay people $10K to move to state and work remotely Source: The Hill Vermont Gov. Phil Scott (D) has signed a bill into law that will pay people $10,000 if they move to the state and work for an out-of-state employer remotely. The bill, which is scheduled to take effect on Jan. 1, 2019, has budgeted grants for nearly 100 new remote workers in the first three years of the program, and 20 more workers per year for every year afterward. Under the terms of bill, a new remote worker may be eligible for a grant under the program “for qualifying remote worker expenses in the amount of not more than $5,000.00 per year, not to exceed a total of $10,000.00 per individual new remote worker over the life of the program.” Remote worker expenses that qualify for the grant include the purchase of computer software and hardware, broadband access or upgrade, and membership in a co-working or similar space. Read more: http://thehill.com/regulation/legislation/390046-vermont-governor-signs-bill-to-pay Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 31, 2018 Share Posted May 31, 2018 Gotta pay people to move to the state...and then, work for a firm that isn't even in that state? WUT THA????? Why can't Vermont grow it's company base to hire local people? Quote Link to comment Share on other sites More sharing options...
ckf Posted May 31, 2018 Share Posted May 31, 2018 15 minutes ago, Zambroski said: Gotta pay people to move to the state...and then, work for a firm that isn't even in that state? WUT THA????? Why can't Vermont grow it's company base to hire local people? We only have a limited number of maple trees to tap 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 31, 2018 Platinum Contributing Member Share Posted May 31, 2018 18 minutes ago, Zambroski said: Gotta pay people to move to the state...and then, work for a firm that isn't even in that state? WUT THA????? Why can't Vermont grow it's company base to hire local people? Because the NY liberals who took over the state want the whole state to be a forest. They already made their money before they moved there so fuck anyone who needs to make a living. CFK lives in the only working part of the state. 1 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 31, 2018 Share Posted May 31, 2018 6 minutes ago, ckf said: We only have a limited number of maple trees to tap Short season here this year. 2 minutes ago, steve from amherst said: Because the NY liberals who took over the state want the whole state to be a forest. They already made their money before they moved there so fuck anyone who needs to make a living. CFK lives in the only working part of the state. Ahh...so MC has no idea why he posted it then. Normal. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted May 31, 2018 Share Posted May 31, 2018 Get some blacks over that way. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted May 31, 2018 Platinum Contributing Member Share Posted May 31, 2018 9 minutes ago, spin_dry said: Get some blacks over that way. They have about the same as Maine 1 for every 700 whites. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted May 31, 2018 Share Posted May 31, 2018 24 minutes ago, steve from amherst said: Because the NY liberals who took over the state want the whole state to be a forest. They already made their money before they moved there so fuck anyone who needs to make a living. CFK lives in the only working part of the state. Burlington is really the only working part and a small area around Rutland. The rest is tourism based economy and lots of trees to hug. Not a bad move though to get people to come in and pay income taxes with jobs that in many cases would be on the high end for the state. Quote Link to comment Share on other sites More sharing options...
Im4snow Posted May 31, 2018 Share Posted May 31, 2018 Why isn't this tax payer give away bothersome to MC? Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 31, 2018 Author Share Posted May 31, 2018 19 minutes ago, Im4snow said: Why isn't this tax payer give away bothersome to MC? Because it’s paid directly to taxpayers Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 31, 2018 Share Posted May 31, 2018 Unreal. Quote Link to comment Share on other sites More sharing options...
Im4snow Posted June 1, 2018 Share Posted June 1, 2018 49 minutes ago, Mainecat said: Because it’s paid directly to taxpayers Businesses are taxpayers too. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted June 1, 2018 Author Share Posted June 1, 2018 12 hours ago, Im4snow said: Businesses are taxpayers too. Yes I know. This is a great idea and much better than spending millions in tax cuts to lure 1 company to your state. Maine should take note of this idea. Quote Link to comment Share on other sites More sharing options...
racer254 Posted June 1, 2018 Share Posted June 1, 2018 (edited) So in the following years, if Vermont grows, will we have other states doing this??? LOL. Edited June 1, 2018 by racer254 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted June 1, 2018 Share Posted June 1, 2018 15 minutes ago, Mainecat said: Yes I know. This is a great idea and much better than spending millions in tax cuts to lure 1 company to your state. Maine should take note of this idea. absolutely as should NH for the northern tier of the state although both have some infrastructure issues with telecommuting from a lot of area. Quote Link to comment Share on other sites More sharing options...
racer254 Posted June 1, 2018 Share Posted June 1, 2018 (edited) https://www.usatoday.com/story/money/economy/2018/01/15/fastest-growing-and-shrinking-states-closer-look/1019429001/ Vermont is shrinking in population... The population of Vermont declined by 0.2% in 2016, the third largest contraction of any state. Like most Northeastern states with population loss, the population decline was largely due to outbound migration. Approximately 2,00 more residents moved out of Vermont in 2016 than moved in, nearly the largest loss of any state when adjusted for population size. Population growth was also stymied by the state’s low birth rate. Vermont’s birth rate has been on a fairly steady decline over the past three decades, and in 2016, there were just 6,035 births in Vermont — nearly the fewest of any year since the 19th century. Edited June 1, 2018 by racer254 Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted June 1, 2018 Share Posted June 1, 2018 the young in both VT and ME leave to chase opportunity therefore reducing the birthrate. Fortunately we have the job opportunities in southern NH that it is not as dramatic. I've actually done more deals with young vermonters moving to here this year than in any i can remember. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted June 1, 2018 Share Posted June 1, 2018 1 minute ago, Angry ginger said: the young in both VT and ME leave to chase opportunity therefore reducing the birthrate. Fortunately we have the job opportunities in southern NH that it is not as dramatic. I've actually done more deals with young vermonters moving to here this year than in any i can remember. So, young people are moving out of VT and ME to find better employment opportunities at a significant rate? Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted June 1, 2018 Share Posted June 1, 2018 Just now, Zambroski said: So, young people are moving out of VT and ME to find better employment opportunities at a significant rate? been happening for awhile now lots go out of state to school and never come back as full time residents as it's easier to find quality jobs elsewhere. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted June 1, 2018 Share Posted June 1, 2018 2 minutes ago, Angry ginger said: been happening for awhile now lots go out of state to school and never come back as full time residents as it's easier to find quality jobs elsewhere. Are VT and ME high in property taxes? Other taxes? Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted June 1, 2018 Share Posted June 1, 2018 7 minutes ago, Zambroski said: Are VT and ME high in property taxes? Other taxes? property taxes would be considered high compared to a lot of places in the populated areas although they are lower than what I see here in NH. the difference maker between the 3 states though is VT and ME both have fairly high income/sales tax rates resulting in a top 10 tax burden vs nh being in the lowest 10 in overall burden. Quote Link to comment Share on other sites More sharing options...
T1R9sledder Posted June 1, 2018 Share Posted June 1, 2018 28 minutes ago, Angry ginger said: property taxes would be considered high compared to a lot of places in the populated areas although they are lower than what I see here in NH. the difference maker between the 3 states though is VT and ME both have fairly high income/sales tax rates resulting in a top 10 tax burden vs nh being in the lowest 10 in overall burden. Yup and Lepage tried to address the tax rates and that went no where......hopefully the next governor will have better luck. https://www.shawnmoody.com/ Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted June 1, 2018 Platinum Contributing Member Share Posted June 1, 2018 While I'm not completely against states doing things like this how about just have a low enough tax system to begin with to attract business and people. Same could be said about Iowa so don't go throwing that out. Iowa gave Apple around $213 million for a facility that will create 50 jobs once complete. WTF!!! 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 local sales taxes range from 6% to 7%. SmartAsset has gathered all of the relevant facts and figures about Vermont's individual taxes. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted June 1, 2018 Share Posted June 1, 2018 1 hour ago, Angry ginger said: property taxes would be considered high compared to a lot of places in the populated areas although they are lower than what I see here in NH. the difference maker between the 3 states though is VT and ME both have fairly high income/sales tax rates resulting in a top 10 tax burden vs nh being in the lowest 10 in overall burden. That's what I was getting towards is what was the tax burden. Unless cost of living is low and there is cheap enough real estate, population dwindles without new jobs and an influx of new employers. Interesting. I don't know too much about the NE area. 33 minutes ago, Highmark said: While I'm not completely against states doing things like this how about just have a low enough tax system to begin with to attract business and people. Same could be said about Iowa so don't go throwing that out. Iowa gave Apple around $213 million for a facility that will create 50 jobs once complete. WTF!!! 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 local sales taxes range from 6% to 7%. SmartAsset has gathered all of the relevant facts and figures about Vermont's individual taxes. Indeed. There has to be a balance. When government just blatantly starts to bleed the citizens and businesses to pay for their bloated expendatures, people vote with their feet. Quote Link to comment Share on other sites More sharing options...
F3600 Posted June 1, 2018 Share Posted June 1, 2018 So when the Corporation decides to pay their remote worker $10K less than say a office worker in the Corporations State. Will the MC's and Moto's of the world say that the Corporation is subsidized by the Govt? (ie, Walmart) Quote Link to comment Share on other sites More sharing options...
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