Submitted by Old_Ad_1301 t3_z6k2tj in vermont
PhineasSwann t1_iy1sv0x wrote
Because the state legislators and the governor own AirBnBs themselves, and don't want them regulated or taxed. They've had bills to place AirBnBs on the same level of regulation & taxation as traditional B&Bs, inns & hotels, and every year they've killed or vetoed them.
They'll make noises this next session about trying to fix the housing crisis, but won't do anything to de-incentivize the conversion of long-term to short-term rentals.
GrubSprings t1_iy22w1p wrote
This comment is false. Air bnb is taxed just like hotels.
NessunAbilita t1_iy3884e wrote
But I bet it felt good typing it tho
WhatTheCluck802 t1_iy6e9fn wrote
Source for the Governor and legislators owning AirBnBs?
HappilyhiketheHump t1_iy1wtb9 wrote
Democratic legislators don’t want to. Until they do, nothing moves on taxes.
GrubSprings t1_iy22z1f wrote
This comment is false. Air bnb is taxed just like hotels.
HappilyhiketheHump t1_iy3fngw wrote
Maybe. Airbnb is a catch all phrase for short term rentals. Most short term rental income is not fully claimed on individual taxes and our legislature has shown a distinct lack of interest in stopping that practice.
Additionally, short term rentals do not have the regulation and associated costs of regulation to pay.
Simply put, our current legislators have done little to nothing to control short term rentals as our housing crisis has exploded.
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