As lawmakers push a tax on sugar-sweetened
beverages, Gov. Peter Shumlin has weighed in against the idea. The governor said the tax is
regressive and would not work to reduce sugar consumption.
Associated Industries of Vermont complains that a proposed
tax increase on the Vermont Yankee nuclear plant sends the wrong message to
companies doing business in Vermont.
A special
panel looking at Vermont’s tax system recommends lowering Vermont’s income taxes but also eliminating many deductions. The panel wants to
reduce the sales tax rate. But it suggests broadening the tax to cover clothes
and services.
The
U.S. House voted today to extend the so called Bush
income tax cuts, but only for families with incomes under $250,000 a
year. Now, Congressman Peter Welch is urging Democratic leaders
to hold their ground and not give in to Republican demands that the tax cuts be
extended to the wealthy.
Should we tax junk food and soda? Should menus have calorie counts? We talk with UVM nutritionist Rachel Johnson about food and nutrition issues. Also, an update on the H1N1 virus, and a group of singing librarians!
The Senate has advanced a tax bill that
raises about $26 million in new revenue. Business executives said they can’t afford to pay more taxes and urged
the Legislature to make more cuts to the state budget instead.
This second day of debate has focused on changes to Vermont’s estate tax, and on a plan
to impose the state sales tax on digital downloads – the so called ‘i-tunes tax’.