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Virginia Sales Tax

Wednesday, January 9, 2013

Gov. McDonnell's Plan Cuts Gas Tax, Raises Sales Tax

Virginia governor's proposed $3.1 billion transportation overhaul gives higher percentage of sales tax to projects, leaves tax on diesel in tact.

By Mark Robinson, Capital News Service  RICHMOND – With the General Assembly set to convene, Gov. Bob McDonnell proposed Tuesday increasing Virginia’s sales tax and abolishing its nearly 27-year-old gas tax, making Virginia the first state in the country to do so. The measures are a part of the governor’s proposed $3.1 billion plan to fund improvements to Virginia’s transportation system over the next five years. The funds would supplement $14 billion of transportation projects already under way in the commonwealth, the most in Virginia’s history. “Declining funds for infrastructure maintenance, stagnant motor fuels tax revenues, increased demand for transit and passenger rail and the growing cost of major infrastructure projects …

Bob Bruhns

9:41 am on Thursday, January 17, 2013

Will people question the price estimates of the transportation projects, or will they once again be tricked into mindlessly accepting them, and fighting over who GETS what overpriced work, and who PAYS for what overpriced work? Interestingly, the estimates always start out low, and then skyrocket later, once the project is 'moving forward'. People go so far as to claim that this is normal and …   more ›

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