Oliver Olsen

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UPDATE: Jeremy Dodge’s income is below the federal poverty level. So why was his tax bill last year almost $5k?


 It was Jeremy Dodge’s inability to pay nearly $18,000 in back taxes that ultimately cost him the deed to his 16-acre homestead in East Montpelier. But how could man who failed to crack the five-figure threshold in annual income accumulate such as massive property-tax bill? Vermont’s progressive tax code reduces the obligations of lower-income homeowners by limiting their burden to a percentage of their annual income. Residents’ ability to avail themselves of “income sensitivity,” however, requires them file a “homestead declaration” with the Vermont Department of Taxes, something Dodge apparently failed to do. Between 2010 and 2012, according to state records, no one filed a homestead declaration on the Dodge property. Continue Reading →

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