Good news: Virginia is flush with cash.
State tax revenues have been unexpectedly robust — billions more than first anticipated — and that has Republicans and Democrats in Richmond at loggerheads over what to do with the money.
From the Virginia Mercury last month:
Virginia’s new governor marked his 30th day in office with a state tour meant to build support for his tax-cutting plans, which have gotten a mixed response in the politically split legislature.
Parts of it, such as a plan to give every Virginia taxpayer a one-time rebate of $300, have passed with strong bipartisan support. Other proposals, like eliminating the state’s grocery tax and suspending a scheduled increase in the gas tax, have been a tough sell in the Democratic-controlled Senate.
The budget remains in flux, with the state legislature adjourned until a special session is called, allowing lawmakers to work out their differences. While Republicans are calling for nearly $5.5 billion in tax cuts and rebates — plus, more recently, a temporary gas tax holiday — Democrats want more modest tax cuts, targeted to those with lower incomes, while boosting funding for priorities like education.
From the Richmond Times-Dispatch:
The House budget includes almost $5.5 billion in tax cuts and rebates, but the Senate continues to insist on deferring the centerpiece of the governor’s tax plan — the doubling of the standard deduction for income tax filers — until a joint subcommittee completes a comprehensive study of Virginia tax policy in the coming year. Doubling the standard deduction would reduce state revenues by $2 billion over two years.
The Senate has agreed to partial repeal of the 2.5% sales tax on groceries, but has balked at eliminating the 1% that goes directly to local governments and has approved a less generous tax exemption for military retirement income than the House. It also has approved smaller tax rebates this year than the House and rejected a 12-month rollback in the gas tax as meaningless to soaring prices at the pump.
In general, what do you think the state should do with its unexpected extra revenue, if you were to select one thing as Richmond’s top budget priority?
Recent Stories
Today may be rainy, but in general the weather is getting warmer, the cherry blossoms are in peak bloom, and it’s a great time to get out of the house….
Say hello to the curious bunny named Franscisca. This sweet girl is currently in foster and can’t wait to find her forever home! Her friends at Animal Welfare League of…
Public safety in Arlington County is poised to be increasingly automated and unmanned, with more traffic enforcement cameras and drones potentially coming soon. The updates came during a work session…
Retail businesses have struggled to make a go of it at 3800 Langston Blvd, but another looks set to give it a try. The condo building in Cherrydale has seen…
Synetic Theater Camps are a wildly fun, highly accessible choice for young people who love moving, playing games, and making memories. Registration is open now for Summer Camps (sessions June 20-August 25) and there are even a few spots left for Spring Break camp, April 3-7.
Located in National Landing, these performance-based camps are designed for students of all ages – no theater or performance experience required.
Led by professional teaching artists, campers learn acting, movement, and technical theater skills through the lens of Physical Theater. Physical Theater incorporates acting, movement, dance, mime, and acrobatics. If you’ve seen a Cirque du Soleil performance, you’ll find many similarities.
Most first-time campers are new to the performing arts, and teaching artists are well-versed in engaging students at all levels. Parents and campers report that one of the best parts of Synetic is the community, with many families returning year after year because they feel a strong sense of belonging.
EDBS Dental Billing Solutions is pleased to announce that it has achieved compliance with the federally mandated standards of the Health Insurance Portability and Accountability Act (HIPAA) through the use of Compliancy Group’s proprietary HIPAA methodology, The Guard® compliance tracking software, and HIPAA Seal of Compliance®.
The HIPAA Seal of Compliance is issued to organizations that have implemented an effective HIPAA compliance program through the use of The Guard, Compliancy Group’s proprietary compliance tracking solution.
Clients and patients are becoming more aware of the requirements of HIPAA compliance and how the regulation protects their personal information. Forward-thinking providers like EDBS Dental Billing Solutions choose the HIPAA Seal of Compliance to differentiate their services.
“Since the nature of our business being exclusively remote, we take HIPAA compliance very seriously. With the help of Compliancy Group, we are able to take steps to fortify our systems to protect PHI information and familiarize each employee about HIPAA and how we can further safeguard PHI data.” said EDBS Dental Billing Solutions founder Goldie De Leon.
WHS Spring Festival
Join us at the WHS Spring Festival on April 22, 2023, from 10am- 3pm at Wakefield High School(main parking lot). Come out to shop, play, and eat!
Shop local vendors, arts & crafts, new and used items, food vendors/trucks, and
District 27 Toastmasters 2023 Virtual Conference
District 27 Toastmasters invites you to its annual conference where you can hear phenomenal speakers, attend professional development and personal growth seminars about leadership, negotiation, communication, teamwork, and mentorship. Learn how to develop your personal story and how to improve
