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Category Archives: Taxes
Calling It What It Is: A $450 Million Windfall Tax Hike!
Virginia state government ended Fiscal Year 2019 awash in cash largely for one reason: A $466 million tax increase that fell on about 30 percent of individual taxpayers, caused by conforming to the new federal tax law without any corresponding … Continue reading
Virginia Tax on Racinos Among Lowest in Nation
If Virginia is going to sell its soul, we should at least get the market price. The Virginia Racing Commission is starting to publish monthly reports on the cash flow to Colonial Downs and to the government under the new … Continue reading
Meet the GOP Carbon Tax Advocate Bob Inglis
There is a hotbed of carbon tax advocacy at George Mason University, led by a former GOP congressman sent packing by South Carolina voters because he’s ready to tax them into embracing solar and wind. Robert Inglis was part of … Continue reading
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Is the Goal Cutting CO2 or Imposing a Tax?
While it would have been a popular step with his political base, and one he was expected to take, Governor Ralph Northam may have been smart to pass on seeking to veto state budget language preventing Virginia membership in the … Continue reading
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Richmond’s Proposed Cigarette Tax is Bad Policy
Last year, the Richmond City Council considered an 80 cent per pack increase in the cigarette tax. After several public hearings and careful consideration of the shortcomings of this proposal, the City Council voted it down. But like Jason in … Continue reading
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