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Your Income Taxes Breakdown TaxMarginal Tax RateEffective Tax RateState6.60%3.57%Local0.00%0.00%Total Income Taxes23.64%Income After Taxes4 more rows ?
The personal income tax rate in Vermont is 3.35%?8.75%. Vermont does not have reciprocity with other states.
Vermont has four income tax brackets, and the state still taxes Social Security benefits for some filers. Property taxes are high when compared to most other states, and Vermont also has an estate tax. However, the sales tax rate in Vermont is about average, and many types of essential items are tax-exempt.
Services are generally tax-exempt in Vermont, though there are exceptions: Services to tangible personal property. If labor is expended in producing a new or different item, a tax applies to the labor charge.