Thomas Jefferson Institute for Public Policy

Tax Conformity Must Be Coupled With Tax Reform

Tax Conformity Must Be Coupled With Tax Reform

 Over the next two years, Virginia taxpayers will pay more than $1.2 billion in added state tax taxes ... unless the General Assembly acts to reform our tax code when it conforms to federal changes.  The Thomas Jefferson Institute solution is simple:  Double the state standard deduction, helping nearly 2.8 million taxpayers; and reduce the corporate tax rate from six percent to five percent, making Virginia more competitive with our neighboring states and creating added jobs. (11/19/2018) 

Read The Institute's Tax Proposal Here!

Read Who is Endorsing the Institute Tax Proposal Here!

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