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Understanding Vermont Taxes

We talk with members of the Blue Ribbon Tax Structure Commission about Vermont’s tax system, and their work to determine whether or not the system is fair.  And, we visit with Cuban artist Aluan Arguelles.
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State Auditor Tom Salmon

State Auditor Tom Salmon discusses some of his ideas for solving the state’s financial challenges, including raising taxes, restructuring state government and expanding gambling in the state.
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Tax Bill Debate

House Ways and Means vice chairwoman Janet Ancel and tax commissioner Tom Pelham look at income tax cuts, capital gains taxes and caps on deductions.

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

(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.
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State Budget and Tax Issues

As lawmakers debate how to balance this year’s budget, we take a closer look at the final budget and tax bills approved by the House.  Our guests are Representatives Janet Ancel and Pat McDonald.  Also, editorial editor Mark Mahoney won a Pulitzer for his columns in the Glens Falls Post-Star.  And, a high school taxidermy class.