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Category Archives: Taxes
Tomorrow’s Ballot Question: Will Virginia Become Illinois?
It was reported this week that billionaire Illinois Governor J.B. Pritzker had made substantial campaign contributions totaling $250,000 to four liberal Democrats running for Virginia State Senate and the Democratic Party of Virginia. These donations, made through Governor Pritzker’s “Think Big America” … Continue reading
Posted in State Government, Taxes
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Tax Reductions Under Youngkin Have Been Significant
Governor Glenn Youngkin (R) and the legislators of both parties who have given him at least some of the tax reforms he asked for need to stop being shy and take a real victory lap. He has been in office less … Continue reading
Posted in Taxes
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Virginians Want Their Change Back
The latest preliminary figures from the Virginia Department of Revenue put the current general fund budget surplus at more than $5.1 billion for fiscal year 2023, which ended June 30. This is more than double the $1.94 billion surplus the commonwealth posted in 2022. … Continue reading
Senators Claim “Voodoo Estimating” in Battle Over Tax Cuts
Not only are the leading Virginia Senate budget negotiators adamantly opposed to providing Virginians with additional tax relief in this election year, but they are now hinting at partial roll back of one of the major individual tax reforms approved … Continue reading
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A New Tax Reform Plan? Explain It and Sell It!
The following paragraph was written five months ago. It is reproduced now with some emphasis added. The 2023 Virginia General Assembly tax debate is just another revival of an old political show. Last year it ended well for new Governor Glenn Youngkin … Continue reading
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