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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
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
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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
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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
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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
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