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Category Archives: Government Reform
Will RGGI Tax Return to Your Dominion Bill?
The on again, off again, direct tax on your Dominion Energy Virginia bills to pay for the Regional Greenhouse Gas Initiative (RGGI) may be on again. If you feel like you are watching a shell game and just cannot find … Continue reading
Posted in Economy, Energy, Government Reform
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Here’s the Tax Cuts Youngkin Proposes: Will the General Assembly Say Yes?
The set of Virginia tax changes Governor Glenn Youngkin (R) has baked into his proposed 2023 budget amendments is far more extensive and involves substantially more tax relief than the descriptions he offered in his December 15 presentation. “Baked into” … Continue reading
Posted in Government Reform, Taxes
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Youngkin delivers early Christmas gift
Virginians received an early Christmas present this year. For four years, the Thomas Jefferson Institute for Public Policy has been strongly urging state officials in Virginia to lighten what has become a steadily increasing tax burden on residents and businesses in the commonwealth … Continue reading
Posted in Government Reform, Taxes
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On Slow Path to Repeal, RGGI Tax Passes $500 Million
The tax on each ton of carbon dioxide emitted by Virginia electricity plants dropped to below $13 a ton in the most recent sale of CO2 allowances conducted by the Regional Greenhouse Gas Initiative (RGGI). That meant Virginia collected only … Continue reading
Posted in Government Reform
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Richmond’s unfinished business: tax indexing
Most Virginians are painfully aware that it’s becoming much more difficult to make ends meet. Prices for food, housing, gasoline and other necessities have soared. Inflation hit a 40-year high of 9.1 percent in June, the largest yearly increase since … Continue reading
Posted in Government Reform, Taxes
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