Thinker101
Diamond Member
- Mar 25, 2017
- 28,154
- 20,503
- 2,415
Congrats Virginia, is this what you really wanted?
Under unified Democrat control, Virginia is poised to become a tax-hiking outlier in a region full of states that are phasing out their income taxes.
HB 378 – Imposes a 3.8% net investment income tax on individuals, trusts, and estates beginning in taxable year 2027. If enacted, HB 378 would raise VA’s top marginal income tax rate on portfolio and passive income to 9.55%.
HB 900 – Authorizes sales tax hikes in various transportation districts, imposes a new tax on each and every retail delivery in Northern Virginia (Amazon, Uber Eats, FedEx, UPS, etc.), similar to the one imposed in Minnesota by Gov. Tim Walz (D).
HB 919 – Imposes a firearm and ammunition tax equal to 11% percent of the gross receipts from the retail sale of any firearm or ammunition by a dealer in firearms, firearms manufacturer, or ammunition vendor, as such terms are defined in the bill.
Democrats Pounce On Virginia Taxpayers - Americans for Tax Reform
HB 978 – Extends the retail sales and use tax to dry cleaning, landscaping, and other previously exempt services.
Under unified Democrat control, Virginia is poised to become a tax-hiking outlier in a region full of states that are phasing out their income taxes.
HB 378 – Imposes a 3.8% net investment income tax on individuals, trusts, and estates beginning in taxable year 2027. If enacted, HB 378 would raise VA’s top marginal income tax rate on portfolio and passive income to 9.55%.
HB 900 – Authorizes sales tax hikes in various transportation districts, imposes a new tax on each and every retail delivery in Northern Virginia (Amazon, Uber Eats, FedEx, UPS, etc.), similar to the one imposed in Minnesota by Gov. Tim Walz (D).
HB 919 – Imposes a firearm and ammunition tax equal to 11% percent of the gross receipts from the retail sale of any firearm or ammunition by a dealer in firearms, firearms manufacturer, or ammunition vendor, as such terms are defined in the bill.
Democrats Pounce On Virginia Taxpayers - Americans for Tax Reform
HB 978 – Extends the retail sales and use tax to dry cleaning, landscaping, and other previously exempt services.