Zuckerman “Green New Deal” socks ALL taxpayers with big debt payment - Seven Days

As it turns out, soaking the rich would only pay for half of David Zuckerman’s $100 million Vermont Green New Deal. Everyone would chip in for the other half, requiring $13 million in annual debt payments.

"Borrowing also carries political benefits, Hoffer noted. "It reduces the need for more taxes in the short term — and if I were running and trying to propose this sort of thing, I'd want to limit the hit," he said. Not everyone agrees that the approach is prudent, given the state's existing debt obligations — including its underfunded pensions. "

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  • Patrick Finnie
    commented 2020-10-18 13:58:55 -0400
    “Faster than a speeding bullet ~ More powerful than a locomotive ~ Able to leap tall buildings in a single bound. Look up in the sky ! It’s a bird, it’s a plane ! No ! It’s Zuckerman !!!! Oops, No one could be further from that iconic intro than that flatlander. It’s sad that politics in the State of Vermont has devolved to the point where a flaming socialist like this wanna be Vermonter is seriously considered for any elected position.
  • David Flemming
    published this page in The News 2020-10-15 17:03:48 -0400