Thursday, May 23 2013 9:08 PM EDT2013-05-24 01:08:29 GMT
A staple atop Church Street in downtown Burlington is gone. We told you the fountain was being removed last month. Church Street Marketplace leaders say it was too expensive to run and blocked foot traffic.More >>
A staple atop Church Street in downtown Burlington is gone.More >>
Thursday, May 23 2013 9:01 PM EDT2013-05-24 01:01:37 GMT
If you're approached by a Vermont State Trooper, there's one thing you may not see, a tattoo. That's because for six years the department hasn't allowed visible ink.But VSP Captain David Notte saysMore >>
Vermont State Police say it's considering changing its tattoo policy, to get more recruits. Right now you can't have any visible tattoos, but that could soon change.More >>
Thursday, May 23 2013 6:54 PM EDT2013-05-23 22:54:33 GMT
Yesterday's quick downpour is leaving long-term damage to Burlington roads and businesses. So much so it has the Department of Public Works looking closely at making some major repairs to the entire system. TheMore >>
Yesterday's quick downpour is leaving long-term damage to Burlington roads and businesses.More >>
Thursday, May 23 2013 6:24 PM EDT2013-05-23 22:24:21 GMT
Undocumented immigrants in Vermont won a huge battle in the state legislature this year that will eventually give them the chance to earn driver's licenses. That includes Jose Norman. "I've been hereMore >>
The new law won't take effect until January 2014.More >>
Thursday, May 23 2013 2:51 PM EDT2013-05-23 18:51:07 GMT
Crews are responding to a garbage truck that caught fire off Shelburne Road in Shelburne, Vt. According to the Shelburne Fire Department, something in the back of a Casella Waste truck caught fire. TheMore >>
Crews are responding to a garbage truck that caught fire off Shelburne Road in Shelburne, Vt.More >>
Thursday, May 23 2013 2:04 PM EDT2013-05-23 18:04:40 GMT
The N.H. Senate is expected to take up a bill Thursday to legalize medical marijuana in the state. According to the legislation HB573, it would allow patients with cancer, glaucoma, positive status forMore >>
The N.H. Senate is expected to take up a bill Thursday to legalize medical marijuana in the state.More >>
Thursday, May 23 2013 12:34 PM EDT2013-05-23 16:34:26 GMT
The Essex Fire Department and Vermont Gas are currently investigating the smell of propane at the Edge Fitness Center in Essex, Vt.FOX44 and ABC22 reporter Michael Page says they haven't found anythingMore >>
The Essex Fire Department and Vermont Gas are currently investigating the smell of propane at the Edge Fitness Center in Essex, Vt.More >>
Thursday, May 23 2013 12:22 PM EDT2013-05-23 16:22:39 GMT
The annual Spring Move Out Project in Burlington Thursday. The project allows you to get rid of unwanted, but still usable household goods. You can bring clothes, books, furniture, household items, andMore >>
The annual Spring Move Out Project is being held in Burlington Thursday.More >>
Thursday, May 23 2013 10:40 AM EDT2013-05-23 14:40:21 GMT
If you're planning on traveling this holiday weekend, you're not alone. According to AAA, more than 30 million Americans will be on the roadways. On average, they'll also be driving at least 50 miles forMore >>
If you're planning on traveling this holiday weekend, you're not alone.More >>
Thursday, May 23 2013 9:31 AM EDT2013-05-23 13:31:51 GMT
Each year between 5 and 7 million animals enter a shelter. Purina Cat Chow is trying to offset some of those costs. The company is donating $200,000 to 50 shelters and that's where you come in. A quickMore >>
Each year between 5 and 7 million animals enter a shelter. Purina Cat Chow is trying to offset some of those costs. More >>
Burlington, Vt. - On Monday, President Barack Obama announced he wants to maintain taxes for some Americans and raise them for others.
At a news conference, Mr. Obama presented a plan to extend the Bush-era tax cuts for families making under $250,000. The President does not want to extend the cuts for anyone making over that income level.
So, what does this mean for our area? The 2010 Census reports that the median income for a family of four in the Green Mountain State is almost $75,000. In New York, it is roughly $82,000.
When we plugged these incomes into a policy calculator by the Tax Foundation, we found that Mr. Obama's tax plan would save the Vermont family roughly $3,700. And it would save the New York family roughly $3,800.
For families making more than $250,000, prepare for higher taxes. The calculator says that could mean an increase of more than $6,000 for a family of four. According to Vermont tax data, that would only affect about 2% of the population.
"It would be a little bit constraining on the economy," Saint Michael's College economist John Carvellas said.
Carvellas argues, whether it is the President's plan or a full extension of tax cuts, something needs to be passed before January when the cuts are set to expire.
"We are on the verge of slipping back into a recession. And this would be enough to really I think push us off the cliff again without ever really recovering from the last one," Carvellas said.
It is up in the air whether the President's plan will make it through Congress. Or, that anything will happen before the Presidential election in November.