Category Archives: Taxes

Spaced Out, Hidden, Here Come the 2020 Tax Hikes

The 2020 General Assembly, with its new progressive Democratic majority, passed nearly two dozen changes in Virginia tax laws that will begin to hit individuals and businesses in a few weeks on July 1. Because of the COVID-19 economic shutdown, … Continue reading

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Sixteen Tax Hike Bills Approved by the General Assembly

What did this year’s General Assembly cost you in taxes? Here are at least 16 bills approved by the 2020 General Assembly which create or raise taxes on Virginians or authorize a local government to do so. No one told … Continue reading

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Will General Assembly Decide on Carbon Car Tax?

Thanks to the persistence of Delegate Charles Poindexter, two members of Governor Ralph Northam’s cabinet are now on record stating the General Assembly will decide whether Virginia joins the carbon tax regime called the Transportation and Climate Initiative.  In 2018 both … Continue reading

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Never Too Late for Serious Tax Reform

The new chair of the House Finance Committee has introduced a major long-term tax reform proposal that will help most Virginia families, and the former chair of the same committee has offered a significant improvement to it. Both are good … Continue reading

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“Conformity” Tax Reform Debate Should Return for 2020 Session

Virginia taxpayers will save almost $600 million over two years as a result of the increase in the state standard deduction, a step proposed last year by the Thomas Jefferson Institute for Public Policy. That is a fresh estimate released … Continue reading

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