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Thursday, May 13, 2010

Socialist Vermont Cuts Taxes

In a strange twist of fate, Vermont is actually cutting its real estate and capital gains tax rates. Unsurprisingly, the AP reporter writing the article seems baffled.

Vermont, often regarded as one of the most liberal states in the country, is bucking the trend of raising state taxes to boost its economy and heading in the opposite direction, cutting capital gains and estate taxes.

Even Democrats (at least some of them) aren't so idiotic as to suggest that they are raising taxes to boost an economy. Perhaps AP's Dave Gram will someday get a clue.