Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
GET INVOLVED
ATR ON TWITTER
FOLLOW US-
#Obamacare's 10% tanning tax hits salon owners and customers, most of which are women: http://t.co/dJuaGAT9LE
May 14, 2013 11:01 AM
taxreformer -
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
taxreformer -
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
taxreformer -
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
taxreformer -
"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
taxreformer -
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
taxreformer
Email
Print
Current DNC Chairman/Virginia Governor Tim Kaine Proposes Tax Increases
.jpg)
DNC Chairman Tim Kaine, in order to tend to his duties as Governor of the Commonwealth of Virginia proposed a budget for the 2010 legislative session. On his way out the door, he is pushing for $1.9 billion in income tax increase and that is only one of the tax increases on the table.
Additionally, he is proposing a tax increase on businesses collecting sales taxes. Traditionally, businesses have been keeping a portion of the tax collection from sales taxes. This is estimated to be a $121.8 million tax increase over two years. Chairman Kaine wants that money to feed the government. He is also proposing a tax increase on alcohol which is taking the shape of a mark-up on prices at ABC stores. This 2% mark-up has a pricetag of about $8 million over the next two years. Another tax increase on his wish list is a change in section 199 deductions, a $60 million dollar tax increase, mainly hitting energy production.
The good news is that the incoming Governor-elect Bob McDonnell and House Speaker Bill Howell are declaring this tax hiking budget dead on arrival. In one article, Governor-elect McDonnell was quoted as saying, "I said during the campaign and I've said since then that I will not raise taxes. I would view repealing a significant tax reduction- say, the car tax- as a tax increase." In a press release from Speaker Howell stated House Republicans rejection of Governor Kaine's tax increases, saying, "...Governor Kaine's tax increases once again have no chance of receiving General Assembly approval, ......"
To see ATR's press release rejecting Chairman Kaine's tax increas riddled budget, click here.
Photo credit: super-structure
