Table VIII
State and Local Taxes Collected
Table VII and Table VIII are from Chapter 8 and were included to illustrate
that Vermont had experienced an increase in tax burdens in order to meet
gains in average income. Vermont had long been below the national average
in terms of the earning capacity of its citizens. As Table VIII shows,
in the seventeen-year period between 1937 and 1964, there was a phenomenal
increase in state and local taxes.
| Year |
State Taxes Collected
|
Local Taxes Collected
|
| 1937 |
$ 5,749,421.26
|
$ 11,207,902.82
|
| 1940 |
10,104,609.42
|
10,024,400.38
|
| 1950 |
19,618,245.54
|
18,615,371.30
|
| 1960 |
42,383,384.28
|
37,842,663.21
|
| 1962 |
48,105,626.05
|
42,725,576.75
|
| 1964 |
52,825,384.81
|
49,095,033.81
|
Data from annual Report on Finances, and Biennial Report of the
Commissioner of Taxes.
Information on 1996 revenues can be found in the State Funds and Revenues
section of the State
of Vermont Information Sheet
Table IX
Nuquist Index
Comments to: crs@uvm.edu Reviewed
on 6/23/97