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Category Archives: Taxes
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
Posted in Taxes
2 Comments
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
Posted in Energy, Environment, Taxes
2 Comments
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
Posted in Taxes
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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
Posted in State Government, Taxes
Comments Off on “Conformity” Tax Reform Debate Should Return for 2020 Session
Voters Should Say “No” to New Carbon Tax
Virginia should not join the Regional Greenhouse Gas Initiative. Virginia’s participation in the Regional Greenhouse Gas Initiative (RGGI) carbon tax is now fully authorized under a new state regulation, and the deadline to appeal that regulation has passed with no … Continue reading