Category Archives: Taxes

No MVP in this Trading Deal?

Posted on August 5, 2022 by Stephen D. Haner

And now, from our “I’ll believe it when I see it” department, comes the expectation that passage of President Joe Biden’s new corporate tax hike and green energy incentives package will be followed by a smooth path to completion for … Continue reading →

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Virginia’s Scholarship Tax Credits: An Educational Beacon of Hope

Posted on July 20, 2022 by Gerard Robinson

There is more to love about education in Virginia thanks to the budget Governor Glenn Youngkin signed into law on June 22, 2022. It contains the largest education budget in Virginia history at $3.2 billion, $900 million for Historically Black Colleges and … Continue reading →

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You Just Paid More RGGI Tax, Virginia!

Posted on June 10, 2022 by Stephen D. Haner

Last week Virginia collected another $76 million in carbon tax dollars through the ongoing Regional Greenhouse Gas Initiative allowance auction. That was the sixth such sale since Virginia joined RGGI, and the state’s total tax take is now $378 million … Continue reading →

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Why Delay Food Tax Cut Until 2023?

Posted on June 2, 2022 by Stephen D. Haner

Everybody eats.  With all the money sloshing around the Virginia treasury for the General Assembly to play with, it is hard to see the logic in continuing the state sales tax on groceries an additional six months, delaying that particular … Continue reading →

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Youngkin and House Prevail on Tax Issues, But Senate Imposes Delays, Conditions

Posted on May 31, 2022 by Stephen D. Haner

Do not be surprised if, by the time the next Virginia General Assembly elections roll around, the Democrats who are now complaining about the level of tax relief in the pending budget compromise switch positions, and campaign as champions of the deal. … Continue reading →

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