House Speaker, Governor at odds over capital gains tax

House Speaker Gaye Symington says Vermonters need property tax relief. And she wants to pay for it with $21 million dollars raised by eliminating a capital gains tax exemption. But Governor Jim Douglas rejects the idea. He says the Speaker is trying to launch new spending programs.

Debate: Income Tax or Property Tax?

Advocates of changing the way Vermont pays for education say an income tax would be fairer than the statewide property tax. But opponents say the proposal would put too much burden on Vermont’s income tax.

Property Tax or Income tax?

The complexity and frustration over Vermont’s property taxes has prompted some people to wonder if there isn’t a better way to fund schools in the state. Bob Kinzel’s guests are Tax Commissioner Tom Pelham and Rep. Bud Otterman.