Posts Tagged Taxes
Virginia legislators look to extend the standard deduction
Posted by Nick Gilmore in Virginia's News on January 31, 2025
Tax legislation may not be the flashiest topic, but it touches just about everyone in Virginia. The state’s standard deduction is set to expire this year, and Brad Kutner spoke to Republican and Democratic lawmakers who want to make sure it doesn’t.
Virginia localities know it’s all about that (declining commercial real estate tax) base
Posted by Nick Gilmore in Virginia's News on September 4, 2024
Commercial property values are cratering across Virginia. As Michael Pope tells us, that’s creating a crisis for local governments trying to balance their books.
Report: Undocumented immigrants add nearly $700 million to Virginia economy
Posted by Nick Gilmore in Virginia's News on July 30, 2024
A new report from a left-leaning tax group says undocumented immigrants add nearly $700 million to Virginia’s economy. The numbers are disputed by some, however, as Brad Kutner reports.
Elected officials push for free tax filing in Virginia
Posted by Nick Gilmore in Virginia's News on July 19, 2024
Members of the state’s congressional delegation want a new pilot program allowing people to file their federal taxes for free to come to Virginia. And, as Brad Kutner found out, officials in Richmond want it, too.
Should Virginia index its income tax to inflation?
Posted by Nick Gilmore in Virginia's News on November 17, 2022
Next month, Governor Glenn Youngkin will present his budget to the General Assembly. Michael Pope has this preview of one potential income tax issue.
Does Virginia need tax cuts? The debate is heating up in Richmond
Posted by Nick Gilmore in Virginia's News on February 22, 2022
Members of the General Assembly are debating the need for tax cuts, and it’s a conversation that is getting heated. Michael Pope reports on the latest flare up.
Should Virginia Crack Down on Tax-Avoiding Corporations?
Posted by Nick Gilmore in Virginia's News on August 19, 2019
This week, Governor Ralph Northam will outline the state of Virginia’s finances to the House and Senate money committees of the General Assembly. And, opinions are divided about the best way to balance the books. Michael Pope reports.
Examining Tax Freedom Day in Virginia
Posted by Nick Gilmore in Virginia's News on April 16, 2019
This week’s tax filing deadline has many people thinking about the tax burden they face. But today marks another significant tax-related event. Michael Pope has details.
Congressman Beyer: IRS Needs Additional Funding to Track Down Tax Evaders
Posted by Nick Gilmore in Virginia's News on March 14, 2019
Tax season is upon us, and that means officials at the Internal Revenue Service are working overtime this time of year. But, one Virginia congressman worries that the IRS isn’t getting the funding it needs. Michael Pope reports.
Tax Deal Almost Derails Over Question About Who Gets Left Out
Posted by Nick Gilmore in Virginia's News on February 11, 2019
A handful of Democrats in the statehouse briefly blocked a tax relief package after progressive groups said it disproportionately hurt low-income African-Americans. Mallory Noe-Payne reports.
Governor Agrees to Sign Republican Tax Proposal
Posted by Nick Gilmore in Virginia's News on February 8, 2019
Governor Ralph Northam is agreeing to sign off on a Republican tax proposal, returning about half a billion dollars to taxpayers rather than investing the money in education and infrastructure. Mallory Noe-Payne has the latest from the Capitol.
Marriage Penalty, Local Taxes On Businesses Hurting Virginia’s Reputation As Low-Tax State
Posted by Nick Gilmore in Virginia's News on October 18, 2017
Virginia has a reputation as a state with low taxes and a friendly business environment. A new study challenges that reputation, however. Michael Pope reports.
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