Estimated Revenue per Unit of Tax


TaxUnitRevenue
Cigarette One Penny per Pack $580,000
Gasoline One Penny per Gallon 3,100,000
Minimum tax on Corporations, LLC’s and Partnerships Each Fifty Dollars 980,000
Personal Income One Percent 11,300,000
Purchase & Use One Percent 9,100,000 *
Rooms & Meals One Percent 7,800,000
Sales & Use One Percent 36,500,000
Tobacco Products One Percent 40,000

* Joint Fiscal Estimates.

Source: Vermont Tax Department, January 9, 1997.