Category Archives: Taxes

Another Reason to Loathe Special Tax Breaks

On May 27, 2010, Governor Bob McDonnell announced that Yorktown-based Orion Air Group, “one of the world’s leading operators of business aircraft,” would invest $4 million to consolidate its operations in Newport News. The project would create 51 new jobs … Continue reading

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The Tax Credit that Saves the State Money

Democrats in the Virginia State Senate are holding the state budget hostage over their bruised feelings following November’s losses.  The Washington Post reported February 23 that “Democrats have tried to use the state budget to regain power in the evenly … Continue reading

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A Blueprint for Fixing Virginia

By: Michael W. Thompson (This column first ran in the Richmond Times Dispatch on December 28, 2011) As the members of the General Assembly prepare to gather in January, much is waiting to be tackled.   Here are some items to … Continue reading

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Taxes or User Fees to Pay for our Roads?

It’s time Virginians learn the difference between taxes and user fees. Gov. Bob McDonnell has forced the issue by proposing to boost spending for Virginia roads by diverting more money from the General Fund. In so doing, the governor would … Continue reading

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Pension Plan Reform in Virginia

By Robert C. Carlson Defined benefit (DB) plans now are part of the fiscal debate in many states   and localities, and Virginia is no exception. Virginia has been a leader in responsible and innovative pension plan management. Yet, the retirement … Continue reading

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