Posted on 08/25/2010 2:48:19 PM PDT by Andrea19
...The cause of this late date is government largesseand Virginia is left footing the bill. From 2002 to 2008, state spending has grown by nearly 33% from $26.5 billion a year to $35.3 billion a year. To sustain this bloated government, Virginians have been saddled with over $3 billion in new taxes over the past eight years. This amounts to a $380.70 tax increase on every man, woman and child in the Old Dominion State in that time period.
Under the leadership of the new governor, some ideas have been floated that would ease the burden suffered by Virginia taxpayers, such as privatizing the state-run liquor stores; this effort could save as much as $115 million while generating $500 million in new revenue. Absent reforms that take this hard-nosed approach, however, Virginians will continue to work longer than taxpayers in other states to pay for the encroaching costs of government...
(Excerpt) Read more at fiscalaccountability.org ...
Help promote Conservative activism here & here & here & here
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.