Governor Peter Shumlin presented his fiscal year 2014 budget proposal to the General Assembly yesterday, with an emphasis on education funding and a new tax proposal aimed at “break-open tickets,” a type of lottery-like ticket sold at bars and other establishments. Shumlin proposed a ten percent tax on the face value of the tickets. His plan is to use the $17 million he anticipates the tax would generate toward LIHEAP (Low Income Home Energy Assistance Program), the Clean Energy Development Fund and other thermal efficiency programs.
Additionally, Shumlin’s proposal includes diverting funds from the Earned Income Tax Credit for low-income families to childcare subsidies, a move that has brought criticism from some politicians.
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Wait, That seems like a bad idea, Taxing charities, Most of these charity’s exist to fill the gap of government services, i.e. Housing groups, Vermont associations of the blind, Support for Veterans. seems extremely counter productive and not well thought out.