Meet Paul Millman of Chroma Technologies. He says something I’ve known to be true for a long time but it’s fairly amazing to hear someone representing a corporation actually say it:
Anyone who claims that high taxes are driving good businesses out of Vermont needs to see this video. Anyone who claims that taxation is the problem doesn’t understand the first thing about business.
after all he’s been running around mouthing the “no more ability to tax left” line.
thanks Julie
Paul is a great guy and is right on the money
some of us have been saying this for years but the media keeps the myth alive by simply repeating ad nauseum the intentionally misleading baloney coming from the same discredited sources
one would think that comments like this from a respected and successful VT business person would a) be news and b) might cause editors & reporters to re-examine their biases; sadly, it’s not happening
one last thing: what I most like about Paul’s presentation is that he used actual figures from his own business (actually employee owned); that is, the Chamber, AIV, and others lobby intensively on this issue and complain about the “tax burden” but are rarely (if ever) asked to report actual taxes paid as a percentage of sales or income; hiding behind the confidentiality of tax data is convenient but makes a joke of the debate
in this case, Paul reported $220,000 in state taxes on $20 million in sales; sounds like 1.1% to me; what a crushing “burden”
thanks Paul!
Should be used in an ad NOW by some candidate/group to begin punching back at the “Vt is anti-business” chicken little crowd and expose their factually weak hyperbole. Make them start producing some data (that isn’t pre-packaged for them by some corporate friendly consulting firm or magazine) to back up the hollow rhetoric.
It should be revisited often. Thanks for posting this, Julie!