Governor Warner already raised taxes in 2004 and revenue growth for all forms of taxation
has been strong in recent years. The Commonwealth of Virginia, at both the state and local
level, has been raking in cash at a rate that would make oil companies envious!
Here are some of the latest revenue numbers from the Virginia Department of Taxation from 2000 to 2006:
• Individual income tax revenues rose from $6,552,218,036 to $9,170,600,000, a 40% increase.
• Sales tax revenues rose from $3,315,032,000 to $4,505,078,000, a 36% increase.
• Recordation and deeds of conveyance tax revenue rose from $141,332,000 to $669,820,000,
a 373% increase.
• Real property taxes levied by localities rose from $4,227,289,006 to $7,637,009,633,
an 80% increase.
Revenue growth has far out-paced the statewide population growth of only 8% and the average annual inflation rate of less than 3% during that time frame.
What has all this extra money been spent on? Most people would agree, not nearly enough
on our aging transportation system. Governors Kaine and Warner have long neglected
transportation funding in favor of their pet priorities.
Now, instead of re-arranging priorities and directing more funds towards transportation, Governor Kaine is asking us to shoulder an even higher tax burden at a time when the
economy is a mess and gas prices are $4/gallon. Is he nuts?
If you want to avoid yet another tax increase, please email your representatives in the General Assembly, as well as Governor Kaine, and urge them to get their priorities straight.
Jim Vogt, President
Click Here: For your Representative's Email Address's
Click Here: For Governor Kaine's Email Address
Below is a Sample Message.
If you would like you may copy this message into your
email, or provide your own brief, simple message, stating your opposition to tax
hikes, should be sufficient. Please provide your
name, address etc as appropriate. At this critical
time, Its important to keep up the pressure.
________________________________________
Dear Loudoun Delegates/Senators,
Increases in Virginia tax revenues have increased far
out of proportion to actual needs for some time now.
Just like me, in a time of decreased revenues YOU need to
reduce bloated spending in Richmond.
Thank you for not raising my taxes still further.
Sincerely,
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