Category Archives: Taxes

The State Tax Gravy Train Accelerates

Any claim that Virginia cannot reduce taxes on its citizens without damaging state programs has been further eroded by two recent announcements. The explosion of revenue from recent state tax increases is continuing, pointing to a potential repeat of last year’s … Continue reading

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Yes Terry, Tax Hikes Grew the State Surplus

At the September 28 debate Democratic gubernatorial nominee Terry McAuliffe dismissed the 2021 $2.6 billion general fund revenue surplus as entirely due to extra federal COVID relief funds, which is absurd on its face. By definition, every dollar is General … Continue reading

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A Promise to Reverse Northam’s Tax Hikes

Republican nominee for governor Glenn Youngkin is proposing to reduce Virginia taxes in much the same way Governor Ralph Northam has raised them:  Several individual proposals, some not all that large, which accumulate into a significant change. As Northam ends … Continue reading

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New Electricity Tax is Leading Edge of Rising Energy Costs

Next month, Dominion Energy Virginia customers will begin paying Virginia’s first direct carbon tax on their bills. The amount they pay to buy carbon dioxide allowances from the Regional Greenhouse Gas Initiative will not be listed on the bill separately … Continue reading

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Ready to Spend $26,000 to Eliminate Your Gas Appliances?

Maybe not today or tomorrow, but soon the War on Fossil Fuels will be fought in the equipment room or garage of your house. A push to prohibit new natural gas connections and remove existing home gas services is inevitable … Continue reading

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