Hey, General Assembly, We Don’t Need Another Tax Hike
In a February 8, 2007 press release, the National Taxpayers Union slammed Virginia legislators for proposing another tax increase. The press release cited a statement by NTU’s president, John Berthoud, which included the following:
“Virginia legislators just can’t seem to stop meddling with a healthy economy that is producing budget surpluses. The Commonwealth finished last year with a revenue windfall of $557 million and over $1.1 billion in the budget stabilization fund. Talk of tax hikes shouldn’t even be rising above a whisper with this much taxpayer cash already sitting in Richmond. In fact, lawmakers should be working to help reduce taxes, especially those triggered by rising property assessments.”
NTU said the legislators’ priorities should be increasing the budget stabilization fund, combating waste, and low-priority spending. Enough said!