Author Archives: Stephen D. Haner

About Stephen D. Haner

Stephen D. Haner is Senior Fellow for State and Local Tax Policy at the Thomas Jefferson Institute for Public Policy. He may be reached at steve@thomasjeffersoninst.org.

Northam Regs Out of Step With Reality

Despite the stunning and rapid success of the vaccines in arresting the spread of COVID-19, if you enter a Virginia workplace you go back in time to the pre-vaccine era of doubt and fear. Virginia acted in haste in adopting … Continue reading

Posted in Regulation, State Government | Leave a comment

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

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

Northam Tax Harvest Expands Again

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

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

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

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Northam Tax Hikes Squeeze Virginia Businesses and Individuals

With Virginia’s fiscal year now three-quarters complete, and basically one year since the depths of the COVID-19 recession, state tax revenues are soaring. Despite reports that the boom results from the economic rebound, it remains clear that changes in tax … Continue reading

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