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Virginia Economy Tanks Under Terry McAuliffe's Leadership - $1.2 Billion Shortfall In Payroll/Sales Taxes
Posted by: Ned2 ()
Date: July 16, 2017 03:14PM

This year the General Assembly was faced with closing a $1.2 billion budget shortfall caused by lower-than-expected payroll taxes and sales tax receipts.

This despite the numerous press releases from McAuliffe's office on how wonderful he is doing.

This despite newly taxing internet sales including Amazon.

But that has not stopped Fast Terry from pursuing expensive political lawsuits, funding programs to welcome illegal immigrants, and pushing anti-tourism actions including regulating AirBnB.

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Re: Virginia Economy Tanks Under Terry McAuliffe's Leadership - $1.2 Billion Shortfall In Payroll/Sales Taxes
Posted by: XNMWV ()
Date: July 17, 2017 09:29AM

There are out of state places that sell goods (do not have a physical presence in Virginia) and do not collect VA State sales tax, even many smaller Amazon and eBay 3rd party sellers. There is a Consumer Use Tax in VA and form for it, but really wonder how many people are honest enough to do it. Some may do if major purchase, but who has time to calculate for many dozens of smaller purchases under $100 each if have saved and can later find the receipts for them all. Some are of the mindset, if the seller does not collect the sales tax at the point of sale, then who has the time to do someone else's work.

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Re: Virginia Economy Tanks Under Terry McAuliffe's Leadership - $1.2 Billion Shortfall In Payroll/Sales Taxes
Posted by: Explain this to me then ... ()
Date: July 17, 2017 09:34AM

Where are you getting your numbers from? Becasue when I look up the VA economy, this is what I get.

http://www.richmond.com/news/virginia/government-politics/general-assembly/virginia-ends-fiscal-year-with-million-surplus/article_c08f8ec2-a650-50f8-8e3b-459b51da7832.html

I smell some fake news Ned2

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Re: Virginia Economy Tanks Under Terry McAuliffe's Leadership - $1.2 Billion Shortfall In Payroll/Sales Taxes
Posted by: vjnvd ()
Date: July 17, 2017 11:21AM


richmond gov statistics

you can't use Democrat government made statistics to support Democrat facts

anyone knows that

crime and illegals are way up, jobs are way down, state went from red to blue nearly overnight as if it had been stolen


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Re: Virginia Economy Tanks Under Terry McAuliffe's Leadership - $1.2 Billion Shortfall In Payroll/Sales Taxes
Posted by: btdyj ()
Date: July 17, 2017 09:23PM

Of course, what do they expect, to balance the budget after 8 years of much of the population experiencing joblessness and / or severe underemployment under Obamao's brand of socialism! WTF!

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