Taxes + regulation = success in Vermont
Here’s a really nice article about the Vermont success story. It turns out that high taxes and strong business regulations are a recipe for success. I doubt you heard that at the Republican caucuses this week. Act 250 regulations were a huge part of preserving the state’s quality of life. They discouraged the profiteers who would have monetized Vermont’s natural beauty while simultaneously destroying it.
“Vermont has made real investments in its quality of life. Now the relative strength and resiliency of our economy suggest that those investments are paying handsome dividends.
Maybe the old-fashioned value that most effectively nourishes the Vermont economy is the realization that there’s more to life than money.”
