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Category Archives: Economy
Northam Compromise Still Taxes Most PPP Money That Saved Jobs
A week ago, Governor Ralph Northam’s Administration was adamant that it would be unfair, in fact a double tax benefit, to allow Virginia employers with forgiven Paycheck Protection Plan loans to also deduct any expenses used to qualify for forgiveness. This week, … Continue reading
Employer Escape From Green Energy Costs Blocked
Virginia’s major energy-intensive industries will not get a requested path to avoid some of the coming cost shock from the 2020 Virginia Clean Economy Act (VCEA). The bill that sought them a lifeline was tied to an anvil and sunk in a … Continue reading
Posted in Economy, Energy, Environment, Regulation
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An Opportunity Agenda for Virginia
The greatest ideological division in the United States today separates those who support policies geared to creating equal opportunities for all and those who support policies geared to creating equal outcomes. Each orientation reflects contending views of human nature and prescriptions for making … Continue reading
That $900 Billion Stimulus Package includes Pork – lots of it!
Congress has passed, and the President has signed, the $900 billion stimulus package. There’s a lot of pork in the bill, and it includes USDA. What is your tax dollar going to support? About $10 million will be made available … Continue reading
Posted in Agriculture, Economic Development, Economy
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Session Makes Economic Recovery Harder
Now that the Virginia General Assembly’s “Cops and COVID” special session is all but finished, will it be easier or harder for the state’s struggling economy to recover in 2021? It will be harder, probably. The initial reason Governor Ralph … Continue reading