Tag: taxes

AG’s office helps shut down interstate cigarette trafficking operation

Proceedings in the federal trial of Wissam and Bassam Khalil of Rhode Island were halted last Thursday after the brothers pleaded guilty to their roles in a smuggling scheme that trafficked more than 6 million cigarettes from Virginia to Rhode Island over a two year period.


Virginia state revenues down $439 million from forecast

Governor Terry McAuliffe announced today that preliminary figures indicate the state concluded Fiscal Year (FY) 2014 with an approximately $438.5 million shortfall in general fund revenue collections, excluding transfers.


City of Staunton launches new maps, app website

The City of Staunton announced today the launch of a new “Maps & Apps” website. Maps & Apps replaces the traditional city “GIS” site previously available for use by the public.


How a fairer tax code can improve America’s infrastructure

As Congress heads home to celebrate the Fourth of July, it leaves with two critical issues unaddressed. The first is the increasing – and troubling – trend of big corporations essentially giving up their American citizenship and reincorporating overseas to reduce their U.S. taxes.


president obama

President Obama on the state of the U.S. economy

We know from our history our economy doesn’t grow from the top down; it grows from the middle out. We do better when you’ve got some construction workers on the job. They then go to a restaurant and they buy a new car. That means the workers there start doing better.


Hobby Lobby about much more than contraception

The Independent Women’s Forum applauds the decision of the Supreme Court in Sebelius v. Hobby Lobby, Inc. and Conestoga Wood Specialties Corp v. Sebelius.


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Report: The impact of fuel taxes on Virginia, Maryland, D.C.

Last year, lawmakers in Virginia made history by altering the state fuel tax rate formula. In a rejection of traditional transportation funding, Virginia became the first state to eliminate the conventional cents-per-gallon (cpg) fuel tax,and the District of Columbia followed suit.


Ending the taxpayer subsidy for exorbitant executive bonuses

There is an outrage in our tax code and it’s costing you money. Federal law currently gives publicly–held corporations a special tax deduction when they pay their executives huge “performance-based” bonuses. The deduction can be worth millions of dollars. The more they shower their executives with such pay, the less publicly-held corporations pay in federal taxes.


Virginia Organizing hosts screening of ‘We’re Not Broke’

Virginia Organizing will host a screening of the documentary We’re Not Broke at the Staunton Public Library on Thursday, June 26 at 6:30 p.m. A discussion with James Madison University Professor of Economics Dr. J. Barkley Rosser will follow.


Bob Goodlatte: Keeping Internet access tax free

Few people study their telephone and Internet bills closely, but it might be worth taking a second glance next month. Take a close look at your next phone bill, and at the bottom you will see a laundry list of access taxes.


Mike Homes is Democratic nominee in 38th Senate

Tazewell County Supervisor Mike Himes will be the Democratic nominee for the 38th Senate District after no on else filed by 5:00pm today. The caucus that is scheduled for tomorrow night in Tazewell County has been cancelled.


Tazewell supervisor Mike Hymes announces for 38th Senate District

Mike Hymes has announced his candidacy for Democratic nomination in the 38th Senate District. The election, a result of Democratic Senator Phillip Puckett’s resignation, will be held August 19th.


business

Biggest one-month decline in Virginia tax revenues in 13 years

Governor Terry McAuliffe announced today that general fund revenue collections decreased by 20.7 percent in May, with large declines in individual nonwithholding, the corporate income tax, and the tax on wills, suits, deeds, and contracts.


A pharmacy’s tax tricks could make you sick

One of America’s best known stores may soon decide that it’s no longer American. If it does, you will pay the price and feel real sick about it.


Virginia Organizing

Virginia Organizing talks Social Security in Harrisonburg

Virginia Organizing hosted a gathering in Harrisonburg over Memorial Day weekend to bring together leaders from Virginia, North Carolina, Louisiana, and Washington, D.C. to develop plans to protect and strengthen Social Security.


Chris Graham: Education foundation almost a good idea

Self-styled fiscal conservatives in Waynesboro bending over backwards not to raise taxes almost had a good idea with a push to create an education foundation.


revenues

Virginia government revenues up 10% in April

Gov. Terry McAuliffe announced today that general fund revenue collections increased 10.0 percent in April, with solid gains in individual withholding and nonwithholding as well as in the insurance premiums tax.


Tea Party, conservative leaders call for immigration reform

On a call moderated by Grover Norquist, President of Americans for Tax Reform, Tea Party Express Co-Founder Sal Russo announced his support for fixing the broken immigration system by passing substantive immigration reform legislation this year.


Skyland Resort offers Wine Dinner Series starting in May

The getaway season has started and Skyland Resort located in Shenandoah National Park has spiced up the weekend activities with a monthly wine dinner starting in May.


newspaper

Ethanol production benefits all Virginians

Over the next three years, the Vireol ethanol facility in Hopewell plans to employ 70 workers, produce 170 million gallons of ethanol and spend $100 million to purchase 21.7 million bushels of grain from Virginia farmers.


law

ACLU remains concerned about unchanged discriminatory tax policies

Though married same-sex couples in Virginia can file joint tax returns at the federal level, under Virginia’s discriminatory state tax policy, these same couples are forced to file as single or head of household at the state level.


LGBTQ

LGBT advocates, tax professionals say state’s tax policy is discriminatory

Virginia’s policy of requiring married lesbian and gay couples to file their state income tax returns as “individuals” is not only burdensome and confusing, but also discriminatory toward married gay and lesbian couples while also hurting businesses.


Chris Graham: Augusta County right to raise taxes

We’re past the point where saying out loud that you support a tax increase makes you a pinko liberal. Republicans are still fighting that battle on TV commercials and in press conferences, but let’s face it, it’s lost.


Representation at Augusta County Public Hearing

The public hearing for the proposed FY15 Augusta County budget, including a 5-cent increase in real estate taxes, was held on April 16.


You pay taxes: Why doesn’t General Electric?

You pay your fair share of taxes. Small businesses do too. It’s the price we pay to educate our kids, protect our communities and have some security in retirement. Why shouldn’t some of America’s largest corporations pay their fair share too?


revenues

Virginia general fund revenue collections up 7.8 percent in March

Gov. Terry McAuliffe announced today that general fund revenue collections increased 7.8 percent in March, with solid gains in individual nonwithholding, corporate income tax and the insurance premiums tax.


Creigh Deeds: The guest that would not leave

It is with some pride that I can report that on the 25th of March, the first daffodil bloomed in my yard. However, I can also report that bloom was soon covered with snow as winter is playing the part of Gilda Radner in that old Saturday Night Live skit about the guest who would not leave……speaking of guests that will not leave, the General Assembly is still in session.


Ken Plum: The interesting politics of the Medicaid gap

People who could benefit from an expansion of Medicaid that closes the coverage gap by insuring more of the working poor are found throughout the Commonwealth.


Letting corporations skate on taxes undermines life on Main Street

Many politicians spin this as a “spending” crisis, claiming, “There just isn’t any money.” Nonsense. Corporate profits are at an all-time high. The stock market has soared along with CEO bonuses, and yet corporate taxes have fallen to about a fifth of their profits.


Ken Plum: Governor proposes new budget

In Virginia a governor can serve two terms, but the terms cannot be successive. All newly elected governors of Virginia take office at the beginning of a biennial budget cycle where the outgoing governor has proposed a budget for that cycle.


terry mcauliffe

Poll: Virginia voters give McAuliffe OK grade, support minimum wage hike

Virginia voters say 57-32 percent that they are optimistic about the next four years with their new governor, Terry McAuliffe, and give him a cautious 44-29 percent approval rating, according to a Quinnipiac University poll released today.


robert hurt

Robert Hurt: Working together with our local leaders to enhance our communities

Over the past week, I had the opportunity to meet with local elected officials throughout Central and Southside Virginia who join me in representing the two cities, 21 counties, and 39 towns that make up Virginia’s Fifth District.


congress

Bob Dinneen: Bob Goodlatte and the Renewable Fuel Standard

Rep. Bob Goodlatte is right to laud the American farmer (Bob Goodlatte: Celebrating American agriculture, March 22), but wrong to attack the one policy that has helped drive a rural economic revival – the Renewable Fuel Standard (RFS).


randy forbes

Randy Forbes: Scam alert

If you’re like me, you like to think that you aren’t likely to fall for a telephone or email scam – particularly those scams telling of a long-lost family member in a foreign country who has a large inheritance to give you… if only you’ll provide your Social Security number, birth date, and checking account information.


Gov. McAuliffe announces revenue decline

Gov. Terry McAuliffe today announced that state general fund revenue collections declined 3.4% in February. There was a solid gain in individual income tax withholding but that was offset by declines in retail sales, insurance premiums tax and recordation taxes.


AFP produces new website for Commissioner of the Revenue Association

Augusta Free Press has produced a new website for the Commissioner of the Revenue Association of Virginia, a membership group formed in 1937 out of the desire of Commissioners to associate themselves to promote a common understanding of the problems faced in the assessment of taxes and the administration of revenue laws.


Beware of tax season scams

As part of National Consumer Protection Week, Attorney General Mark Herring is reminding citizens to protect themselves from identity theft, fraud and other scams as tax season approaches.


Leaders tout free tax prep program

Department of Taxation Commissioner Craig Burns, House Speaker Bill Howell, Sen. Bryce Reeves, Del. Kathy Byron, Del. Mark Keam, Del. Mark Cole, and others urged eligible Virginia residents to use the Free File program to save money at tax time.


Creigh Deeds: General Assembly session coming to a close

The 2014 session of the General Assembly is rapidly moving toward the scheduled adjournment on March 8. Both houses passed competing budgets this past week and bills are headed to conference.


Virginia Chamber of Commerce urges General Assembly to address Medicaid gap

The Virginia Chamber of Commerce, joined by business leaders and Chambers of Commerce from across the Commonwealth, endorsed on Monday a private option approach and released a series of principles to address Medicaid in Virginia.


Chris Graham: Why did Senate Democrats kill the Tebow Bill?

Senate Democrats are crowing about how they killed the so-called Tebow Bill, which would allow home-schooled students to participate in athletics on public-sports teams. Congratulations for your hard work to deny opportunities to innocent teenagers.


virginia general assembly

State Senate Democrats killed Tebow Bill

The Senate Committee on Education & Health voted 9-6 on Thursday to defeat a so-called “Tebow bill” that would have effectively forced public school districts to allow home school students to participate in their athletics programs. The vote took place along party lines, with all Democrats opposing the bill.


CAPSAW tax assistance client becomes volunteer

In 2013, Melissa Wolcott decided she was tired of paying someone to do her taxes. She knew her tax return was simple, and she knew that any of her hard-earned money was too much to spare when a free service was available. She visited the Valley VITA (Volunteer Income Tax Assistance) site at stuarts draft […]


Creigh Deeds: Medicaid expansion

As explained in this space before, Medicaid expansion is an optional part of the Affordable Care Act. Payment for expansion, however, is not optional. Funding comes from federal taxes.


terry mcauliffe

Gov. Terry McAuliffe updates lawmakers on revenue forecast

Gov. Terry McAuliffe briefed House and Senate budget committee leaders on Wednesday on the preliminary mid-session revenue reforecast numbers.