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      February 17, 2019

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Debt Consolidation in Vermont

Vermont MapAs one of the smaller states in the United States, Vermont has the 2nd smallest population compared with all of the other states in the country. Because of the small population, it might be easy to assume that Vermont doesnít have as many difficulties with personal debt. But, the truth is that there are many Vermont residents looking for a solution to overcome their personal debt struggles, and they often turn to debt consolidation as a solution to help them dig out of the hole of financial bondage.

Vermont is the leading provider of maple syrup, which is a big part of the industry in the state. Even though the demand for maple syrup stays high, there are some employees who have found themselves in personal debt because they spent more money than what they earned.

The economy in Vermont has actually been stagnant in recent years, and the Bureau of Economic Analysis reported that the gross state product of Vermont is the lowest in the country. Because of the low revenues, it is harder for people to find a job that pays enough to cover their living expenses.

People who are living paycheck to paycheck can have a hard time dealing with unexpected financial burdens such as medical expenses, unemployment, or even the regular financial burdens of raising a family and maintaining a home.

If you live in Vermont and you have found yourself in the position where you are having a hard time getting out of debt, then you might consider debt consolidation. This process involves consolidating all of your loans into one easy monthly payment, so that you can afford the required payments and you donít have to worry about dealing with multiple creditors every month.

Taking control of your financial future is a great way to relieve the burden that you are experiencing each month, and many people find that their stress is greatly reduced when they decide to consolidate their loans.


Crumbling Local Roads Fuel Talk of a Vermont Gas Tax Hike

Chris Viens has watched with dismay as the roads in Waterbury have steadily deteriorated under his feet. His town's underfunded highway crews, facing greater maintenance needs and stagnant state aid, ...

Published:  Wed, 13 Feb 2019 07:04:00 GMT

Tax panel signals openness to estate tax reform

The Scott administration has pitched lawmakers its plan to reform Vermont's estate tax, which it calls too burdensome for wealthy residents and has encouraged some to move or take up legal ...

Published:  Fri, 15 Feb 2019 11:50:00 GMT

Amazon riled up the left for not paying federal taxes - and it's in a position to offset future profits, too

Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez slammed Amazon for getting a federal tax refund despite booking billions in profit the last two years. A close look at Amazon's AMZN, -0.91% finan...

Published:  Fri, 15 Feb 2019 10:15:00 GMT

Vermont's Harsh Tax Could Kill Local Harm Reduction Efforts

Vermont lawmakers are proposing a 92% wholesale tax on vaping products and other electronic devices, which would greatly hurt tobacco harm reduction efforts in Vermont. Vermont Lawmakers are hoping th...

Published:  Fri, 15 Feb 2019 01:53:00 GMT

Bernie Sanders Has a Plan to Tax the Rich That's About As Radical as What Teddy Roosevelt Proposed

Bernie Sanders knows this, as well. That's why Sanders is proposing a progressive estate tax on the fortunes of the top 0.2 percent of Americans. The senator from Vermont's newly introduced "For the 9...

Published:  Thu, 14 Feb 2019 22:03:00 GMT

Research & Commentary: Vermont's Draconian Tax Will Snuff Out Tobacco Harm Reduction

A 92 percent wholesale tax on electronic cigarettes and vaping devices will greatly hurt tobacco harm reduction efforts in Vermont. Vermont Lawmakers are hoping to generate revenue from electronic cig...

Published:  Tue, 05 Feb 2019 18:30:00 GMT

Amazon will pay $0 in federal taxes this year - and it's partially thanks to Trump

In other words, Amazon is basically paying a -1 percent federal income tax rate this year after reportedly paying a federal rate of more than 11 percent between 2011 and 2016, according to The Week. S...

Published:  Fri, 15 Feb 2019 14:51:00 GMT

Vermont general, transportation fund revenues up

MONTPELIER, Vt. (AP) Vermont state officials say tax revenues for the general and transportation funds exceeded their monthly targets in January, while revenue collection in the education fund was bel...

Published:  Fri, 15 Feb 2019 09:28:00 GMT

Margolis: Relax, everybody - there will be no carbon tax in Vermont

When the Legislature opened last month, perhaps the most visible onlookers were a band of folks whose yellow vests symbolized their opposition to a carbon tax. They are organized, and being up-to ...

Published:  Sun, 10 Feb 2019 08:52:00 GMT

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