About Fair Share for Vermont
Fair Share for Vermont is a campaign to increase taxes on the wealthiest Vermont residents to raise state revenue. The campaign is a project of the Fund Vermont’s Future coalition, and is backed by a coalition of organizations and individuals from across the state, working together to build a Vermont that works for everyone who lives here.
Why Fair Share?
It’s time for the wealthiest Vermonters to pay their fair share so we can build a Vermont that works for everyone who lives here.
Vermonters are being squeezed, as housing, food prices, and other day-to-day costs outpace wages. Meanwhile, wealth and wages for the top 1% have skyrocketed.
Source: Public Assets Institute
Our state’s resources are consolidated at the top. In 2022, the average income of the top 1% of income earners was 20 times as large as the average income of the bottom 99%, and twice as large as Vermont’s entire General Fund.
Source: Public Assets Institute
And our tax code hasn’t responded to rising income and wealth inequality––the highest-income Vermonters currently pay a smaller portion of their income in state and local taxes than many middle-income families.
Source: Public Assets Institute
By not ensuring that the wealthiest Vermonters to pay their fair share in taxes, we are missing out on crucial state tax revenue, leading to chronic underfunding across all sectors–from underfunding government agencies, to school construction, stormwater infrastructure, and more.
When Vermont’s wealthiest pay their fair share, we will have the resources to invest in public services and infrastructure that make our state better for everyone, including the wealthy.
We can’t afford a Vermont that only works for the wealthy. When the wealthiest pay their fair share of taxes, we can build a Vermont that’s affordable for the rest of us.