Vermont

Vermont does not currently have a tax and expenditure limit.

The base year represents the year the hypothetical Taxpayer's Bill of Rights (TABOR) would have been enacted. Selecting a base year changes how the state’s TABOR is calculated because the annual growth rates of inflation and population change depending on when TABOR is enacted.

Year	Inflation-adjusted Actual Spending
1992	1,833,210,589
1993	1,787,050,046
1994	1,797,039,781
1995	1,887,924,460
1996	1,778,471,474
1997	1,794,693,285
1998	1,879,125,405
1999	2,091,634,477
2000	2,200,687,275
2001	2,770,765,679
2002	2,891,514,659
2003	3,220,847,494
2004	3,206,793,401
2005	4,381,583,502
2006	5,128,742,852
2007	5,222,850,090
2008	5,200,268,915
2009	3,711,439,010
2010	3,592,286,968
2011	3,618,688,739
2012	3,910,879,574
2013	3,961,752,490
2014	4,195,019,791
2015	4,167,074,151
2016	4,215,033,288
2017	4,227,421,098
2018	4,263,166,435
2019	4,426,980,163
2020	4,381,752,082
2021	4,288,200,274
2022	4,345,000,000

*All spending figures are in inflation-adjusted 2022 dollars.