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Author Archives: Stephen D. Haner
Ready to Spend $26,000 to Eliminate Your Gas Appliances?
Maybe not today or tomorrow, but soon the War on Fossil Fuels will be fought in the equipment room or garage of your house. A push to prohibit new natural gas connections and remove existing home gas services is inevitable … Continue reading
Posted in Energy, State Government, Taxes
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Virginia Should Not Tax Income If Washington Doesn’t
In 1972, a Virginia taxpayer needed a taxable income of $12,000 before the state’s maximum income tax rate kicked in. Adjusted for inflation, that threshold should be $78,000 today. There has been one adjustment since, to $17,000 in income before … Continue reading
Posted in Taxes
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Digging Beyond the #1 Ranking
Virginia ranks #1 in the “Top States for Business 2021” ranking produced by the business network CNBC, but it is important to dig into the ten measurement categories. Continue reading
Posted in Economy, Media
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Time to Cut Taxes
If Virginia ended the fiscal year June 30 with a general fund cash surplus of $2 billion, almost 10 percent of its annual budget, that means taxes are too high. Period. The debate for the 2021 political season should be how to cut taxes, and how much. Continue reading
Posted in State Government, Taxes
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Northam Administration Still Avoiding Discussion of TCI
Why do Virginia’s leaders run away from the Transportation and Climate Initiative? Could it be because the first state legislature to consider it, in reliably Democratic Connecticut, just adjourned without even taking a vote on the proposed carbon tax compact, despite strong support from Democratic Governor Ned Lamont? Continue reading