Montpelier 5/23/2012
It is forcast to be Chance of a Thunderstorm at 11:00 PM EDT on May 23, 2012
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  1. The ghost of Ronald Reagan haunts Governor Douglas’ office- whispering in the Governors shell-like ear: “Dump it all on the poor and helpless.Let’s trickle down on them. All the fat cats uber alles!” Remember, that under President Eisenhower the top tax rate was 80% and economic growth was spectacular. Governnor Snelling, a rare bird, an honest Republican, proposed a three-tiered tax during a period of economic decline in the 90′s. He said, and I paraphrase: “If you’re broke and your grandmother is sick you borrow to meet her medical needs! That’s productive deficit spending!” I wonder how much can be extracted from capital gains earnings to balance the budget rather than cuts in state workers salaries? Certainly, anyone who has enough discretionary funds to play the market should be required to bear a greater burden.

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