Tar and Feather Alert: Virginia lawmakers in the money


iconIn April, Virginia's lying, no good, sumbitch of a democrat governor, Mark Warner, coupled with some tax and spend Republicans in the state legislature forced through the largest tax increase in the 400 year history of the Commonwealth. The lying fucktards screamed doom and gloom about not being able to pay the light bill unless they pushed through nearly $1.5 Billion in new taxes. A month after the bill passed, it was revealed that Virginia was actually running a budget surplus. At the time Governor Warner called the surplus a surprise (he had no idea, honest), but said the amount of the surplus was insubstantial.

Now, it has been revealed that Virginia has more money than lawmakers know what to do with. Nearly $1 Billion more. Will the politicians return that money to the taxpayers? Will they roll back any part of the largest tax increase in state history passed just over 6 months ago? Of course not. Now the only question is how best to spend it.

The state is enjoying an estimated $1 billion surplus from higher-than-expected tax collections, and lawmakers plan to use at least a chunk of it to pave over local unrest, especially in congested Northern Virginia and Hampton Roads, caused by traffic-clogged roads and long commutes to work. [...]

The Republicans said their election-year plan -- all House members face voters in November -- would go further by establishing a continuing stream of new revenues that would pump $1.83 billion into transportation over six years.

The major new revenue sources, Republicans said, come from diverting about one-third of the state's taxes on vehicle insurance premiums, ranging from $127 million to $169 million a year, and raising about $100 million annually through imposing bigger fines on bad drivers.

House Speaker William J. Howell, R-Stafford, said the plan's provisions are "sensible solutions" for accelerating the state's transportation improvements without boosting taxes.

The Speaker says they aren't increasing taxes. But the "new revenue" stream will include diverted taxes, bigger fines, and part of this year's budget surplus (which is available only because they passed the largest tax increase in state history).

I heard that shortly thereafter Howell's pants actually burst into flames.



Comments (1)      top   link me

Comments

Every house ought to have a Lionel train set in the basement, as long as they're funding mass transportation.

Posted by: Ron Hardin at January 6, 2005 7:52 AM

(c) Ravenwood and Associates, 1990 - 2014

About Ravenwood
Libertarianism
Libertarian Quiz
Secrets o' the Universe
Email Ravenwood

reading
<Blogroll Me>
/images/buttons/ru-button-r.gif

Bitch Girls
Bogie Blog
Countertop Chronicles
DC Thornton
Dean's World
Dumb Criminals
Dustbury
Gallery Clastic
Geek with a .45
Gut Rumbles
Hokie Pundit
Joanie
Lone Star Times
Other Side of Kim
Right Wing News
Say Uncle
Scrappleface
Silflay Hraka
Smallest Minority
The Command Post
Venomous Kate
VRWC


FemmeBloggers


archives

search the universe



rings etc

Gun Blogs


rss feeds
[All Versions]
[PDA Version]
[Non-CSS Version]
XML 0.91
RSS 1.0 (blurb)
RSS 2.0 (full feed)
 

credits
Design by:

Powered by: Movable Type 3.34
Encryption by: Deltus
Hosted by: Bluehost

Ravenwood's Universe:
Established 1990

Odometer

OdometerOdometerOdometerOdometerOdometer