Category Archives: Taxes

Overwhelming Support Shown for Virginia’s Sole Education Choice Program: Highest Backing Among Black Voters

Posted on January 28, 2022 by Christian Braunlich

As National School Choice Week 2022 concludes, the Thomas Jefferson Institute for Public Policy today released results of a polling question demonstrating the overwhelming popularity of Virginia’s sole education choice program. Support is particularly strong in the state’s Black community. … Continue reading →

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The Largest Tax Relief Ever Given…

Posted on January 25, 2022 by Stephen D. Haner

New Governor Glenn Youngkin has now submitted his tax cut proposals to the 2022 General Assembly in the form of bills and budget amendments, and if all his campaign pledges are adopted it will be the most significant tax cut … Continue reading →

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A Regulatory Path to Repeal the RGGI Carbon Tax

Posted on January 18, 2022 by Stephen D. Haner

Governor Glenn Youngkin (R) will proceed to remove Virginia from the Regional Greenhouse Gas Initiative carbon tax compact by the same route Virginia entered it:  He will push to repeal the underlying regulation. As with much else in his promised … Continue reading →

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Virginia Should Boost Standard Deduction, Index for Inflation

Posted on January 7, 2022 by Stephen D. Haner

One of big financial winners with the May 2021 and then January 2022 Virginia minimum wage increases is the state itself, because the entire raise is subject to a 5 percent state income tax.  With its low standard deduction and … Continue reading →

Posted in State Government, Taxes | 1 Comment

Northam Blinks. Tax Cuts Are Coming.

Posted on December 14, 2021 by Stephen D. Haner

Virginia’s leaders are no longer debating whether to cut state taxes. The argument now will be over how to cut state taxes. Outgoing Democratic Governor Ralph Northam announced Tuesday that his final introduced budget will include $2.1 billion in lower … Continue reading →

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