Phil Scott: “With a $400,000 home, you could pay an additional thousand…”

“Then in total, this would be a quarter billion dollar tax increase on Vermonters. For a family with a $250,000 home, their bill could go up by $650 a year. And With a $400,000 home, you could pay an additional thousand dollars. Before you brush this off because of income sensitivity, remember, the vast majority will still see an increase. And renters don't typically pay property taxes directly.” (28:09–28:16)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.