Working Vermonters are struggling to pay for basic needs, especially healthcare. Meanwhile, the wealthiest Vermonters are getting richer as they reap the windfall from Trump’s tax cuts.

Trump is paying for those tax cuts by slashing Medicaid and ACA subsidies – deepening the affordability crisis and threatening tens of thousands of Vermonters with the loss of healthcare. This state of affairs cannot continue.

The wealthiest Vermont residents must pay their fair share of taxes so that working Vermonters can afford healthcare.

We demand a bill to tax the rich in the following ways:

• Raises income taxes on the richest 5% of Vermonters – individuals making $250,000 or more per year.

• Imposes a Wealth Proceeds Tax on the net investment incomes of high-earning individuals, estates and trusts.

• Uses 100% of the revenue generated by these taxes to make healthcare more affordable and accessible for all Vermonters.

We oppose any bill that would:

• Restrict tax increases to only those individuals making $1 million or more annually – a very small number of people in Vermont – which would not generate enough new revenue to counteract the deleterious effects of Trump’s tax cuts.

• Raise income taxes on the very richest 1% of Vermonters only to cut taxes for the next richest 5% – resulting in no new revenue.

Now is the time to act! Don’t allow Trump’s tax cuts for the rich to come at the expense of Vermonters’ health.