Shumlin promises to close $71 million budget gap without broad-based tax hike

By Tim McQuiston, Vermont Business Magazine: Governor Peter Shumlin offered his Vermont Budget Address this afternoon with promises not to raise broad-based taxes, but still meet a $71 million budget gap. While his administration is suggesting that some $14 million can be raised through a 0.8 percent tax on every private health insurance claim  and another $30 million through one-time sources, which were not named, the exact revenue structure was not specified.

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