VSEA.org

From a 5/13 Free Press Story:

"A 40 percent capital gains tax exemption, eliminated last year, would be restored for the sale of businesses, but not for stocks, bonds or house sales. The loss of revenue during the next budget year would be $3.2 million, and about $11 million in the next budget year."

Heaping this lost income on top of Vermont’s already horrible deficit concerns those who depend on public services and the state employees who provide these services.

Details forthcoming, but this quote from this morning’s Times Argus isn’t very reassuring: “I have no idea what is in this budget. I have no idea what is in Challenges of Change,” said Paul Poirier, I-Barre City.

Sen. Doug Racine writes about why he voted "no" to the budget. Note his reference to an $8 million hole that he says the administration will be responsible to fill.

Auditor Tom Salmon (R) actually had his assistant send one of his responses to columnist Shay Totten!

Wonder if it was the same assistant who handed out campaign literature at the Auditor’s kick-off announcement?

"Timothy Dufresne said he has always been "race-oriented." But the Bennington-native’s views trended more and more radical with each day served in various out-of-state prisons."
 
VSEA DOC Members Have Been Warning About This Kind Of Transformation For Years Now.

From 5/10 VtNewsGuy Blog Post: "[Gov. Douglas] didn’t like what they had agreed on, he said, even though they had stripped out one small tax increase…

Called the “Domestic Production Deduction,” the tax break, according to the Center on Budget and Priorities, primarily favors “large corporations over small businesses.”

Another $2 million-plus to make up from somewhere. Wonder where?