Tag: taxes

revenues

Tourism revenue grew in Harrisonburg in 2013

Tourism was once more an important contributor to the local economy in 2013. Tourism revenue for the City of Harrisonburg reached $106,875,730 a 0.9 percent change over 2012.


Virginia tourism revenues exceeded $21.5 billion in 2013

Governor Terry McAuliffe announced today that Virginia generated $21.5 billion in revenue from tourists in 2013, a 1.4 percent increase over 2012.


Stephen Eldridge: The ‘Fair Tax’ is a fraud

The “Fair Tax” (“FT”) is a fraud – it is more wealth redistribution, and a financial scam.


Jim Bennett: Keep Burger King in the USA

The best government response to the “inversion” of Burger King with Canada’s Tim Hortons Inc. for the purpose of avoiding US taxes is the opposite of what you might think. Rather than club Burger King over the head with yet more tax avoidance rules, don’t tax Burger King – or its ilk – at all.


Bob Goodlatte: Renewed push for a balanced budget amendment

March 2, 1995, was a pivotal day in the history of our country. On that day, the U.S. Senate failed by one vote to pass a balanced budget amendment to the United States Constitution.


robert hurt

Robert Hurt: Our commonsense plan for a stronger economy and a brighter future

Creating jobs, boosting our economy, and providing a foundation for a brighter tomorrow: these are the simple facets of House Republicans’ plan for expanding opportunity for all Americans.


randy forbes

Randy Forbes: How many times are you taxed a day?

Our tax system is complex and confusing. It discourages job growth and overall competitiveness, and it discourages every day Americans who want to live their lives without the stress of Uncle Sam knocking at their doors.


Cadence Inc. announces record first half revenues

Cadence, Inc. announced unaudited results for the first six months of 2014 including a 26 percent increase in revenue compared to 2013 to $33.6 million.


American Farm Bureau: Federal estate taxes ripe for repeal

With 218 co-sponsors—more than half of the U.S. House of Representatives—on board, legislation to repeal federal estate taxes is ripe for floor action, according to the American Farm Bureau Federation.


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.


aaa

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.