-
Latest Articles
- It Doesn’t End With Electing ‘The Right Candidate’
- Senator Surovell: The Regional Greenhouse Gas Initiative would have no impact on hurricanes or hurricane preparedness — to say otherwise is pure politics.
- Education Funding Reform Needs to Build Accountability to Help Those Who Need It
- No, RTD, Hurricane Helene Not Proof of ‘Climate Change’
- A Transparent Effort to Increase General Assembly Authority to Eliminate Hydrocarbon Fuels
Archives
Like Our Facebook Page
Category Archives: Taxes
The Stealth Tax Increase that Remains in the Virginia Budget
While there has been much celebration at the passage of a new $188 billion biennial budget for Virginia, this deal would not have been possible had there not been close to $1.06 billion in higher-than-expected tax revenue ($1.2 billion by the end of the … Continue reading
Posted in Taxes
Comments Off on The Stealth Tax Increase that Remains in the Virginia Budget
Youngkin Prevents Two Tax Increases, Will Still Sign Record State Budget
After much political theater, the Virginia General Assembly and Governor Glenn Youngkin (R) have now compromised on a $188 billion state budget based simply on the revenue projected from current tax law, with neither tax hikes nor tax reductions. Making those revenue projections … Continue reading
Posted in Taxes
Comments Off on Youngkin Prevents Two Tax Increases, Will Still Sign Record State Budget
Youngkin Budget 2.0 Meets Democrat Demands, Except Demand to Raise Taxes
The fight that is about to occur at the Assembly’s reconvened session on Wednesday is entirely about taxes, not about spending. An analysis of Governor Glenn Youngkin’s proposed compromise budget – done by the Democrats’ favorite financial bean counters, not … Continue reading
Posted in Government Reform, State Government, Taxes
Comments Off on Youngkin Budget 2.0 Meets Democrat Demands, Except Demand to Raise Taxes
The Sausage Factory Produces a Digital Sales Tax with Little Explanation or Debate
The Virginia General Assembly has now jumped into the brave new world of taxing the digital economy, but the sales tax provisions it adopted in the budget conference report Saturday are not the same ones that appeared in earlier budget versions. The … Continue reading
Posted in Taxes, Technology
Comments Off on The Sausage Factory Produces a Digital Sales Tax with Little Explanation or Debate
Virginia’s Tax Code: An Analog System in a Digital World
To many, testifying before a government committee conjures visions of the drama surrounding the McCarthy, Watergate, or Zuckerberg hearings. In Virginia, not so much. Faced with processing more than 2,600 bills in 60 days, legislative hearings are often more of a kabuki dance while backstage choreographers figure … Continue reading
Posted in Taxes
Comments Off on Virginia’s Tax Code: An Analog System in a Digital World