Senate Leader Joins Tech Industry in Opposing Cloud Tax for Clean Water
Wednesday, May 15, 2019
Posted by: Jeff Couture
Vermont’s Senate leader has joined the state’s tech community in opposing a proposed tax on “cloud” software that would be levied as part of the House’s clean water funding plan.
The proposal, a six percent sales cloud software—software programs stored and accessed by users over the internet—is projected to raise $6 million, and passed the House with broad bipartisan support last week.
But the Vermont Tech Alliance has urged senators to reject the tax over concerns that it will increase the cost of doing business, and stifle a burgeoning tech sector.
In a letter to senators, Jeff Couture, the alliance’s executive director, said the tax is a “disincentive to the growth of tech businesses and jobs in the state.”
“Vermont cannot afford to have another reason not to base a tech business in Vermont,” Couture wrote. “Instead, Vermont should be promoting itself as a state that does not have a cloud computing tax and use it as an advantage for attracting and keeping tech businesses.”
Read the VTDigger Article