Category Archives: Taxes

Party of the Rich?

“Our tax code should work for everyone – not just for the highest earners.  That’s only fair.  But Washington is actually making these disparities worse” Governor Ralph Northam• “State of the Commonwealth” Address Actually, it’s the other way around. The … Continue reading

Posted in Economy, Taxes | Comments Off on Party of the Rich?

Tax Issues Stay On Front Burner

Things move rapidly at the Virginia General Assembly, but one week into the 2019 session there is no hint of a decision on how Virginia will respond to federal Tax Cuts and Jobs Act of 2017, which happened 13 months … Continue reading

Posted in State Government, Taxes | Comments Off on Tax Issues Stay On Front Burner

Virginia on the Cusp of a $600 Million Unlegislated Tax Increase

The Virginia General Assembly, the New World’s oldest continuous lawmaking body, began its 400th year amid pageantry and an unintended tax increase on which, thus far, that body has had no say. The House’s ceremonial mace, a symbol of the … Continue reading

Posted in Taxes | Comments Off on Virginia on the Cusp of a $600 Million Unlegislated Tax Increase

Virginia Voters Say: Give the Money Back!

As a result of recent federal tax changes, Virginia taxpayers will pay an additional $1.2 billion in state income taxes this year and next, rising to $4.5 billion in additional taxes by 2024. In late December, the Thomas Jefferson Institute … Continue reading

Posted in Taxes | Comments Off on Virginia Voters Say: Give the Money Back!

Tax Increases Could be Coming to Virginia Soon!

Recent federal tax cuts put more money into the pockets of most Virginia families to the tune of some $1200 to $1400.  But a good part of that could soon be taken away by our elected officials when the General … Continue reading

Posted in Taxes | Comments Off on Tax Increases Could be Coming to Virginia Soon!