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Category Archives: Government Reform
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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Jefferson Institute Legal Analysis: Performance Standard for Offshore Wind Farm is Proper
Despite Dominion Energy Virginia’s complaints that the Virginia State Corporation Commission has exceeded its authority, a legal analysis provided by the Thomas Jefferson Institute for Public Policy finds that the SCC’s proposed performance standard for an offshore wind project is … Continue reading
Posted in Energy, Government Reform
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