Gov.-elect Glenn Youngkin on Friday urged Gov. Ralph Northam to build in tax cuts for Virginians into his administration’s outgoing two-year budget, arguing that higher-than-expected revenues suggest the state is taxing people too much.
It is clear that Virginia taxpayers are being taken advantage of by their state government. The current insatiable appetite to tax and spend on a never- ending increase in government programs must end. The working families of Virginia deserve better.
REPUBLICAN gubernatorial nominee Glenn Youngkin is proposing to reduce Virginians' taxes in much the same way Gov, Ralph Northam raised them: Use several individual proposals, some not all that large, which accumulate into a significant change.
RICHMOND—Gov. Ralph Northam in a speech to lawmakers Wednesday praised the state’s historic $2.6 billion revenue surplus—promising to direct s…
We're hoping that the 2021 special session of the General Assembly called by Gov. Ralph Northam on Monday will be very different from the special session he called in 2020 to deal with the COVID-19 pandemic. It should be a lot shorter, and focused on why the governor called it in the first place.
The results will be preliminary until the books close later this month, but revenue collections show strength across the Virginia economy as the COVID-19 pandemic ebbs - in company payrolls, investor gains, real estate and housing, and consumer buying, both online and increasingly in brick-and-mortar retail stores.
Virginia’s long-neglected transportation system is chronically short of money. The $2 billion state surplus – or at least part of it – would go a long way to fixing some of the worst traffic hotspots. That, and returning at least some of the $2 billion to taxpayers, should be elected officials’ top two priorities.
We’re grateful that we live in a country that, despite its many flaws, still attracts thousands of newcomers each year, some of whom risk their lives to get here. They know, even if we sometimes forget, that the United States is still a beacon of hope and liberty to the rest of the world.
House Appropriations Chairman Luke Torian, D-Prince William, predicted a surplus between $1.5 billion and $2 billion on Wednesday, but Secretary of Finance Aubrey Layne quickly upped the ante to the top of the range, based on corporate income taxes received in the middle of this month.
The U.S. is confronted with an ever-growing surplus of coronavirus vaccine at a time when the developing world is clamoring for doses to stem a rise in infections.
Virginia is anticipating a half-billion-dollar budget surplus by the end of this month. A surplus happens when all the items in the state budget have been funded and there’s still money left over. There’s no reason why that extra half-billion dollar budget surplus should be spent on anything other than transportation.
Much of the board’s discussions on the budget focused on school funding, which totals $311.6 million in local, state and federal funds.
State revenues surged by more than $270 million in March, an 18.5% increase powered by boosts in high-wage jobs, internet sales and a booming housing industry as Virginia emerges from the COVID-19 pandemic in a stronger budget position than when the public health emergency began a year ago.
The Spotsylvania County Board of Supervisors got good news at a work session Thursday night in preparation for its upcoming vote on the fiscal…
THE Virginia Employment Commission is not high on anyone’s list of favorite state agencies these days.
A collective cheer probably went up among Buffalo wing lovers when reports came out earlier this month that the coronavirus was giving rise to…
Gov. Ralph Northam and Virginia lawmakers soon will begin work on a new two-year state budget with $1.6 billion banked in reserve, a revenue surplus swollen by federal tax law changes, and more than $431 million earmarked for return to state taxpayers.
Susan Stimpson is the former chairman of the Stafford County Board of Supervisors.
LAST month, based on preliminary data, Gov. Ralph Northam announced the good news that the Commonwealth of Virginia ended the 2018 fiscal year…
The United States has amassed its largest stockpile of cheese in the 100 years since regulators began keeping tabs, the result of booming domestic production of milk and consumers’ waning interest in the dairy beverage.