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[Virginia Gov Tim] Kaine proposes replacing car tax with $1.9B income tax hike
Wapo ^ | 12/18/09 | Anita Kumar, Rosalind S. Helderman

Posted on 12/18/2009 11:13:15 AM PST by freespirited

Virginia Gov. Timothy Kaine (D) proposed Friday replacing the local car tax by increasing income tax $1.9 billion a year.

But Republicans in the General Assembly and Gov.-elect Robert F. McDonnell (R) have said they are opposed to any tax hikes.

The outgoing governor also proposed about $2.3 billion in budget cuts to help make up for a nearly $4.2 billion shortfall by 2012. ...

Kaine recommended eliminating 1,879 jobs as well as 664 layoffs, many of them in the departments of transportation, corrections, juvenile justice and at the University of Virginia.

In public education, he would cap the number of support staff members and aides that schools can hire and reduce health insurance funding for faculty and staff. ...

Legislators and McDonnell will use Kaine's plan as a blueprint but will make changes based on their priorities and the changing economic forecast.

Republican legislators and McDonnell had urged Kaine not to propose a tax increase. But Kaine had made clear in recent days that he thought the shortfall had become so severe that he would have to make proposals to raise revenue to forestall some cuts to core government services. ...

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Virginia
KEYWORDS: mcdonnell; taxandspend; taxhike; taxincrease; timkaine; va2009; virginiataxes
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To: freespirited

Just wait til if and when Obamacare passes and Virginia, like all states, will have to pony up up to 50% more of the cost of Medicaid, etc., that formerly was funded by the feds.


21 posted on 12/18/2009 12:00:23 PM PST by fightinJAG (Mr. President: Why did you appoint a bunch of Communists to your Administration?)
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To: freespirited

IMHO the governor elect should announce an across the board 30% cut to every dept with an addition cuts coming TBA!


22 posted on 12/18/2009 1:50:44 PM PST by chris_bdba
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To: Moose4
...and cutting spending from the budget to balance things...

That's... why that's... that's... CRAZY talk! Clearly, we must SPEND our way out of debt! It's "The American Way"! ;-)

23 posted on 12/22/2009 9:52:56 AM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th)
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To: fightinJAG

Except Nebraska, that is... as of Sunday.


24 posted on 12/22/2009 9:55:07 AM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th)
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