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Renewed Consumer Relevance of the General Railway System

Renewed Consumer Relevance of the General Railway System
railwayage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railwayage.com Daily Mail and Mail on Sunday newspapers.

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March 2021 News in Brief | Vermont Business Magazine

Unemployment rate falls another tenth to 3.1 percent
The Vermont Department of Labor has reported that the seasonally-adjusted statewide unemployment rate for February was 3.1 percent. This reflects a decrease of one-tenth of one percentage point from the prior month’s revised estimate of 3.2 percent. The comparable United States rate in February was 6.2 percent, which was a decrease of one-tenth of one percentage point from the revised January estimate. The decline is largely due to a sharp decrease in the Labor Force from January. The number of unemployed also fell. Both the Labor Force and total Employed represent about 30,000 fewer workers than a year ago, which was pre-pandemic. ....

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Tax Commission will issue consensus report

1. Restructure the homestead education tax
2. Broaden the sales tax base
3. Modernize income tax features
4. Undertake analysis in order to eliminate tax burden/benefit cliffs
5. Improve administration of property tax
6. Create a comprehensive telecommunications tax
7. Utilize tax policy to address climate change
8. Collaborate with other states so each state can build a fairer, more sustainable tax system
Recommendation 1: Restructure the Homestead Education Tax
Key components:
A. Eliminate the Property Tax Credit
B. Eliminate the homestead education property tax, and implement income-based education tax for all residents (owners and renters) with rate tied to locally voted budgets.
C. Levy the non-homestead education property tax on all property except the residence and 2-acre site. ....

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