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 […]
Tax Reform
At the September 28 debate Democratic gubernatorial nominee Terry McAuliffe dismissed the 2021 $2.6 billion general fund revenue surplus as entirely due to extra federal […]
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 […]
Next month, Dominion Energy Virginia customers will begin paying Virginia’s first direct carbon tax on their bills. The amount they pay to buy carbon dioxide […]
Maybe not today or tomorrow, but soon the War on Fossil Fuels will be fought in the equipment room or garage of your house. A […]
In 1972, a Virginia taxpayer needed a taxable income of $12,000 before the state’s maximum income tax rate kicked in. Adjusted for inflation, that threshold […]