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CENTERS for

Tax Reform

October 2018

Jefferson Journal: Tax Conformity Alone Is Not Enough 		Jefferson Journal: Tax Conformity Alone Is Not Enough — By Stephen D. Haner  When the General Assembly meets in January, it should fully conform Virginia's tax system to the new federal Tax Cuts and Jobs Act, but it shouldnot stop there.  It should also take immediate steps to reduce the state tax increases that conforming the tax code will automatically create for many Virginia families and businesses.  (10/4/2018)  Read It Here!

September 2018

Frequently Asked Questions About Virginia Tax Conformity 		Frequently Asked Questions About Virginia Tax Conformity —  Unless the Virginia General Assembly acts, most Virginians will see their state tax taxes rise next year.  But what does "conformity" with the federal tax code mean?  And what are the implications for Virginia individuals and businesses?  Get the answers here!  Read It Now!

August 2018

State Implications of Federal Tax Reform in Virginia 		State Implications of Federal Tax Reform in Virginia — The new federal tax law cuts federal taxes for most filers in Virginia, but without action by the Commonwealth's General Assembly, many Virginians will experience an unlegislated increase in their state tax liability.  If lawmakers elect to avoid a state tax increase, the added revenue provides an opportunity to pay down real reforms to Virginia's tax code.  This new paper explains the issues ... and the opportunities.   Read it here!
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