Tag Archives: ralph northam
Northam Blinks. Tax Cuts Are Coming.
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
The State Tax Gravy Train Accelerates
Any claim that Virginia cannot reduce taxes on its citizens without damaging state programs has been further eroded by two recent announcements. The explosion of revenue from recent state tax increases is continuing, pointing to a potential repeat of last year’s … Continue reading
A Promise to Reverse Northam’s Tax Hikes
Republican nominee for governor Glenn Youngkin is proposing to reduce Virginia taxes in much the same way Governor Ralph Northam has raised them: Several individual proposals, some not all that large, which accumulate into a significant change. As Northam ends … Continue reading
Northam Administration Still Avoiding Discussion of TCI
Why do Virginia’s leaders run away from the Transportation and Climate Initiative? Could it be because the first state legislature to consider it, in reliably Democratic Connecticut, just adjourned without even taking a vote on the proposed carbon tax compact, despite strong support from Democratic Governor Ned Lamont? Continue reading
Northam Tax Hikes Squeeze Virginia Businesses and Individuals
With Virginia’s fiscal year now three-quarters complete, and basically one year since the depths of the COVID-19 recession, state tax revenues are soaring. Despite reports that the boom results from the economic rebound, it remains clear that changes in tax … Continue reading