Monthly Archives: May 2021

With Tax Revenue Exploding, Virginia Should Boost Standard Deduction, Index for Inflation

Posted on May 19, 2021 by Stephen D. Haner

One of the big financial winners with the May 1 Virginia minimum wage increase is the state itself, because the entire raise is subject to a 5 percent state income tax. With its low standard deduction and personal exemption amounts, … Continue reading →

Posted in Economy, Government Reform, State Government, Taxes | 1 Comment

Sign the Petition!

Posted on May 14, 2021 by Jefferson Policy Journal
Posted in Government Reform | 1 Comment

Northam Tax Harvest Expands Again

Posted on May 12, 2021 by Stephen D. Haner

With the release yesterday of the April 2021 Virginia state revenue report, covering ten months of the fiscal year, a correction in an earlier report becomes necessary. Continue reading →

Posted in State Government, Taxes | Comments Off on Northam Tax Harvest Expands Again

Alexandria Stands With Government Unions, Not Workers

Posted on May 5, 2021 by F. Vincent Vernuccio

In mid-April, the City of Alexandria passed an ordinance allowing government unions to bargain with the city. Unfortunately, many of the ordinance’s provisions are lopsided: the ordinance grants special advantages for government unions to easily organize public employees and traps … Continue reading →

Posted in Government Reform, Local Government | 1 Comment

Virginia Tax Structure Better for Mature Firms than for Start-ups

Posted on May 5, 2021 by Stephen D. Haner

Virginia is far more tax friendly to established businesses than it is to new ones. That is one major conclusion of a major state-by-state business tax comparison released Wednesday (here) by the Tax Foundation and KPMG LLC. In neighboring North … Continue reading →

Posted in Taxes | Comments Off on Virginia Tax Structure Better for Mature Firms than for Start-ups