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Re: clarification from Miles Trinidad

Sorsha Anderson · Oct 15, 2026, 5:10 PM EDT

From: Sorsha Anderson <Sorsha.Anderson@vtleg.gov> To: "Sameroff, Rebecca" <Rebecca.Sameroff@vermont.gov> Cc: Emilie Kornheiser <Emilie.Kornheiser@vtleg.gov>, "Feldman, Jake" <Jake.Feldman@vermont.gov> Date: Thu, 15 Oct 2026 21:10:46 +0000 Subject: Re: clarification from Miles Trinidad EXTERNAL SENDER: Do not open attachments or click on links unless you recognize and trust the sender. Yes, I can pull it into a word doc and post it. Sorsha Anderson Joint Fiscal Office _____ From: Sameroff, Rebecca <Rebecca.Sameroff@vermont.gov> Sent: Thursday, October 15, 2026 4:54 PM To: Sorsha Anderson <Sorsha.Anderson@vtleg.gov> Cc: Emilie Kornheiser <Emilie.Kornheiser@vtleg.gov>; Feldman, Jake <Jake.Feldman@vermont.gov> Subject: RE: clarification from Miles Trinidad Looks like it! Is this the kind of committee doc that could be posted with Trinidad’s 4/16 testimony document? From: Sorsha Anderson <Sorsha.Anderson@vtleg.gov> Sent: Thursday, October 15, 2026 2:08 PM To: Sameroff, Rebecca <Rebecca.Sameroff@vermont.gov> Cc: Emilie Kornheiser <Emilie.Kornheiser@vtleg.gov>; Feldman, Jake <Jake.Feldman@vermont.gov> Subject: Fw: clarification from Miles Trinidad EXTERNAL SENDER: Do not open attachments or click on links unless you recognize and trust the sender. Hi Rebecca, Is this what you were looking for? Sorsha Anderson Joint Fiscal Office _____ From: Sorsha Anderson <Sorsha.Anderson@vtleg.gov<mailto:Sorsha.Anderson@vtleg.gov>> Sent: Thursday, April 16, 2026 3:12 PM To: HOUSE_WAYS_MEANS <HOUSE_WAYS_MEANS@vtleg.gov<mailto:HOUSE_WAYS_MEANS@vtleg.gov>> Subject: clarification from Miles Trinidad Hello Sorsha — I have a clarification/correction to make from my remarks today. If you’re able to circulate this with the Committee, I’d be very appreciative. Also, there is a note at the end with a source for trusts that one of the members raised during the meeting as well. Thanks! We did this analysis two different ways, using both current policy and current law baselines, similar to JCT. The $57,000 tax cut at the top assumes TCJA expiration (i.e. current law baseline). Using a current policy baseline, with TCJA extended, the tax cut at the top is about $25,000. See row 659 in the Excel sheet of this file: https://itep.org/tax-provisions-in-trump-megabill-national-and-state-level-estimates/<https://itep.org/tax-provisions-in-trump-megabill-national-and-state-level-estimates/> Against a current policy baseline, a lot of the tax cut at the top is attributable to business-side tax cuts. For more information on trust reform, ITEP has a publication on that here<https://itep.org/trust-reform-is-needed-to-protect-states-especially-in-the-wake-of-irs-enforcement-cuts/>. This message has originated from an External Source. Please use caution when opening attachments, clicking links, or responding to this email.