Vermont H0619 proposes a 3% income tax surcharge on individuals with federal adjusted gross income of $1,000,000 or more.
Vermont H0619 introduces a 3% income tax surcharge on individuals with federal adjusted gross income of $1,000,000 or more. This surcharge is in addition to existing taxes and will be collected in the same manner as other personal income taxes. The surcharge is set to take effect retroactively on January 1, 2026, and will apply to taxable years starting from that date.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.