Virginia revenues are up, which means we should lower taxes.
August 5, 2024Last week, Virginia reported that general fund revenues exceeded forecasted revenues by $1.2 billion in FY2024.
Last week, Virginia reported that general fund revenues exceeded forecasted revenues by $1.2 billion in FY2024.
There has been significant posturing relative to the adoption of a two-year budget plan for the commonwealth of Virginia.
Virginia has a budget, or more accurately, has finally amended the two-year budget that was adopted 14 months ago.
It doesn’t take an economist to know that inflation is still causing pain for Virginia families: a trip to the grocery store is more than sufficient. But some numbers demand discussion.
The House of Delegates on Tuesday passed two of Gov. Glenn Youngkin’s signature tax relief proposals, both sponsored by Del. Joe McNamara, R-Roanoke County.
When the Senate Finance Committee held its retreat in Roanoke last November, the conference room at the Hotel Roanoke was jammed with people who wanted to watch.
A half century or so ago, the thing that Del. Joe McNamara is trying to do was considered dangerously radical, the platform of a wild-eyed liberal.
The Virginia Police Benevolent Association announced its endorsement of Delegate Joe McNamara (R-Roanoke) for the 8th House of Delegates District.
Delegate Joe McNamara (R-Roanoke), working alongside Delegate Todd Gilbert (R-Shenandoah) and Senator Steve Newman (R-Bedford), reached a bipartisan compromise on tax conformity during the 2021 General Assembly session.