VPR News

Douglas says lawmakers need to cut state budget rather than raise taxes

By |
(Host) Governor Jim Douglas says lawmakers need to cut deeper into the state budget to avoid new taxes. The House and Senate are looking at about $24 million in new revenues to balance the state budget. The proposals include an income tax surcharge, closing a tax exemption on capital gains income, and so-called "sin" taxes on tobacco and alcohol. But the governor said on Thursday that he’s opposed to any new taxes. (Douglas) "The Senate proposed to tax what they deem to be sin.
VPR News

Gov. Lynch to make majors cuts in NH budget

By |
New Hampshire Governor John Lynch is examining the state budget on every level. He is trying to decide what the state is constitutionally required to fund, and what is essential to fund.
VPR News

Personal income tax receipts lag in December

By |
Vermont state officials say revenues coming into the state’s general fund were "generally on target" for December, but the state’s largest source of revenue, the personal income tax, showed a worrisome downward trend.