Comments on: Jim Douglas: Tenacious. Bold. (And What Else?) http://www.vermontnewsguy.com/jim-douglas-tenacious-bold-and-what-else Real News for Real Vermonters Wed, 28 Jul 2010 12:10:43 -0400 http://wordpress.org/?v=2.9.1 hourly 1 By: Doug Hoffer http://www.vermontnewsguy.com/jim-douglas-tenacious-bold-and-what-else/comment-page-1#comment-641 Doug Hoffer Fri, 08 Jan 2010 13:06:52 +0000 http://www.vermontnewsguy.com/?p=1597#comment-641 Shumlin noted that there would be a huge cost from the Governor's tax proposals ($28m). But that's only in year one. In the last year for which we have data (2006), the old 40% capital gains exclusion cost $58m in lost revenue. Odd how the Governor didn't say how that hole would be filled. But if - like him and Grover Norquist - you believe in shrinking government, less state revenue is good because it means cuttig more programs and state jobs. Thanks Jim. And Bartlett got it right too. Asking to re-establish the 40% capital gains exclusion without raising the marginal rates that were cut last year is outrageous. I am counting the days until this guy is gone... Shumlin noted that there would be a huge cost from the Governor’s tax proposals ($28m). But that’s only in year one. In the last year for which we have data (2006), the old 40% capital gains exclusion cost $58m in lost revenue. Odd how the Governor didn’t say how that hole would be filled. But if – like him and Grover Norquist – you believe in shrinking government, less state revenue is good because it means cuttig more programs and state jobs. Thanks Jim.

And Bartlett got it right too. Asking to re-establish the 40% capital gains exclusion without raising the marginal rates that were cut last year is outrageous.

I am counting the days until this guy is gone…

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