Governor Peter Shumlin and the Senate Finance committee are on a collision course concerning a new tax package.
The Governor didn’t like the tax package that was passed by the House last month and he doesn’t think m
uch of the proposal being crafted by the Senate Finance committee.
The committee’s draft plan caps mortgage interest deductions on the income tax, it creates a new minimum income tax rate and it imposes the sales tax on bottled water.
The Governor made it clear that he opposes the committee’s approach.