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Author Archives: Stephen D. Haner
Spaced Out, Hidden, Here Come the 2020 Tax Hikes
The 2020 General Assembly, with its new progressive Democratic majority, passed nearly two dozen changes in Virginia tax laws that will begin to hit individuals and businesses in a few weeks on July 1. Because of the COVID-19 economic shutdown, … Continue reading
Posted in Taxes
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Governor Punts on First Down
Just as COVID-19 was starting its destruction of the world’s economy in early March, the Virginia General Assembly took final action on an exuberant two-year state budget within shouting distance of $140 billion. Six weeks later at the Reconvened Session, … Continue reading
Posted in Economy, State Government
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Mutated by COVID, Unemployment Insurance Unsustainable
America’s and Virginia’s unemployment insurance program – born of the Great Depression and the Social Security Act of 1935 – may be another casualty of the COVID-19 pandemic. The virus has mutated unemployment insurance into a form not financially sustainable. … Continue reading
Posted in Economy
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The Revolution Has Been Postponed, Not Cancelled
The revolution has merely been postponed, not cancelled. Governor Ralph Northam has asked the General Assembly to put off until May 1, 2021 the implementation of several key pro-union changes in Virginia’s labor and employment laws, including a 31 percent … Continue reading
Posted in State Government
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This is the Green New Deal Economy. Enjoy
If all else fails in achieving your green energy dreams, you can always hope for a depression. In Italy, the COVID-19 depression has already dropped electricity demand by about 18-21%, as reported recently by Utility Dive. The regional transmission organizations … Continue reading
Posted in Economy, Environment
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