Partial Rollback Of Capital Gains Tax Will Cost Vermont Millions In Years To Come

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.