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Category Archives: Taxes
Governor’s Corporate Tax Cut Will Have Little Impact
Governor McAuliffe has proposed a quarter of one percent cut in the corporate income tax rate (from 6% to 5.75%). This puny tax cut will have a minimal impact on economic growth. Indeed, it will only create 280 new jobs in five … Continue reading
Posted in State Government, Taxes, Top Story
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Tax Reform and Job Creation Go Hand in Hand
I recently sat through two days of state candidates discussing top issues facing Virginia with several dozen business leaders interested in public policy. These discussions made it clear that our economy needs a significant boost and that our tax code … Continue reading
Widely-Touted Study on State and Local Taxes is a Sham
The Institute on Taxation and Economic Policy (ITEP) is a self-described “non-partisan research organization” dedicated to providing “accurate, timely, and straightforward information” about tax policies. In a new report on state and local taxes, ITEP declares that “virtually every state’s … Continue reading
Posted in Taxes
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Federal Bureaucracy Much Worse than Devine Outlines
Donald Devine could not be more wrong with his data or conclusions (Reagan Idea Could Reform Invisible Bureaucracy, Jefferson Policy Journal, March 19, 2015). He points to the growth of government spending, but the relatively constant size of the federal … Continue reading
Posted in Economic Development, Government Reform, Taxes
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An Inexpensive Experiment
Henrico County, my home county, is conducting an inexpensive public policy experiment. If it pans out, the county could improve its competitive posture as a manufacturing location. If it doesn’t, the county hasn’t lost much and can always revert to … Continue reading
Posted in Economic Development, Taxes
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