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Category Archives: State Government
Time To Reform Virginia’s Energy Policies
Dominion Energy Virginia’s November announcement that its proposed offshore wind project has jumped almost 25% in cost to $10 billion, with years to go before construction even starts, has put Virginia’s energy policy and its response to claims of climate … Continue reading
Posted in Economy, Energy, Government Reform, State Government
1 Comment
Virginia Should Boost Standard Deduction, Index for Inflation
One of big financial winners with the May 2021 and then January 2022 Virginia minimum wage increases is the state itself, because the entire raise is subject to a 5 percent state income tax. With its low standard deduction and … Continue reading
Posted in State Government, Taxes
1 Comment
Northam Blinks. Tax Cuts Are Coming.
Virginia’s leaders are no longer debating whether to cut state taxes. The argument now will be over how to cut state taxes. Outgoing Democratic Governor Ralph Northam announced Tuesday that his final introduced budget will include $2.1 billion in lower … Continue reading
Posted in State Government, Taxes
Tagged Glenn Youngkin, ralph northam
Comments Off on Northam Blinks. Tax Cuts Are Coming.
How California Now Controls Virginia Auto Market
Virginia’s automotive sales market is now officially controlled in Sacramento, with the likelihood that no new internal combustion engines can be sold in the Commonwealth after 2035. The Virginia Air Pollution Control Board, acting not with discretion but on orders … Continue reading
Posted in Business, Economy, Government Reform, State Government
Tagged Virginia Air Pollution Control Board
2 Comments
Youngkin to Withdraw from RGGI, End Carbon Tax
Governor-elect Glenn Youngkin told a business group audience Wednesday afternoon that he intends to withdraw Virginia from the Regional Greenhouse Gas Initiative. His decision came two days after Dominion Energy Virginia filed a petition to increase the RGGI tax on its … Continue reading
Posted in Economy, Environment, Government Reform, State Government, Taxes
Comments Off on Youngkin to Withdraw from RGGI, End Carbon Tax