Category: Taxes
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The Source of All Evil: Data Centers!
Jefferson Forum’s President Derrick Max puts out a Sunday morning summary that only some of you probably see, and I cannot really link to it for you. But today’s email had a useful and entertaining riff on the ongoing efforts to demonize Virginia’s data center industry, a clearly coordinated hit job from the left and…
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With Virginia Back In, RGGI Futures Price Tops $41 Per Ton
by Steve Haner Virginia’s impending return to the Regional Greenhouse Gas Initiative (RGGI) has driven up the price for carbon credits in the multistate cap-and-trade system’s secondary market. The futures price exceeded $41 per ton this morning, far above the roughly $25 per ton that utilities had to pay in the March 2026 auction. It reflects…
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A Consequential Fight
by James C. Sherlock Michael Martz of the Richmond Times-Dispatch published an excellent report April 15 detailing the three-way fight among Governor Abigail Spanberger and various Democrats in the Virginia Senate and House of Delegates over the budget. The Governor proposed “hundreds of changes” to the competing budget bills proposed by each chamber. Long story…
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Spanberger Pushing for July Return to RGGI and Its Carbon Tax
by Steve Haner The Abigail Spanberger Administration has told an energy industry publication that it plans to rejoin the Regional Greenhouse Gas Initiative by July, in time to participate in the September and December 2026 carbon dioxide allowance auctions. Because of the accelerated timetable, the Department of Environmental Quality will not publish a draft regulation…
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Data Centers – Lucy and the Football
by Chris Saxman Virginia’s proposed move to end its data center sales and use tax (SUT) exemption eight years early is less about policy and more about predictability —and what happens as a result. Two simple analogies bring this into focus: the neighborhood Happy Hour and the timeless scene of Lucy pulling the football away from Charlie Brown. Happy Hour Imagine a…
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March RGGI Carbon Tax Jumped 26% in One Year
by Steve Haner The Regional Greenhouse Gas Initiative (RGGI) held its first carbon allowance auction of 2026 Wednesday and the price came in at just under $25 per ton of emissions, 26% higher than a year ago. There should be no doubt now about predictions that imposing this carbon tax on Virginia electricity plants will…
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The $4 to $5 Billion in Tax Hikes the Assembly is Approving
by Steve Haner The tax increase proposals still pending at the 2026 General Assembly will extract another $4 to $5 billion annually from Virginians if enacted, shared between the state and the local governments. The Democrats in political control have taken a bow for producing competing budget proposals that are not dependent on major…
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Neither House nor Senate Budget Raises General Taxes
But the Senate Strips the Data Center Tax Break Next Year by Steve Haner The Senate and House of Delegates financial committees met on Sunday to approve competing sets of amendments to the next Virginia budget, neither proposing any general tax increases. The Senate version included modest tax reform: a small taxpayer rebate for this…
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Tariff Ruling Correct, Good for Virginia
by Derrick A. Max The Supreme Court’s decision in Learning Resources v. Trump is a landmark reaffirmation of one of the Constitution’s most fundamental principles: the power to tax belongs to Congress alone. Article I, Section 8 of the Constitution explicitly vests in the legislative branch the authority “to lay and collect Taxes, Duties, Imposts and Excises.” Tariffs…
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Taxing Everything That Moves
Leaf blowers, guns, dog walking, dry cleaning—full government control means everything gets taxed in Democrats’ Virginia. by Jacob Grandstaff It’s a truism that when Democrats gain a trifecta—full control of a state’s executive and legislative branches—they tend to tax every human activity. Virginia Democrats are aiming to exceed the stereotype by taxing animal activity, too.…
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A Month in Your Wallet
I have no idea who started that circulating around the Capitol, but boy that is effective. Showed up in my inbox yesterday. That bill officially has a fever. — SDH
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Stacked Local Taxes Make Virginia Less Affordable
by Derrick Max — Virginia’s restaurant and lodging sector is still in a fragile post-COVID recovery, yet local governments across the Commonwealth are piling on new and higher taxes that make affordability worse for families and survival harder for small businesses. A new statewide analysis of meals, lodging, and related sales taxes across all 133…
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Affordability Watch: Hospitality Taxes
The state of Virginia and its 133 localities have so many taxes that it’s hard to keep track of them all. The Virginia Restaurant, Lodging and Travel Association (VRTLA) has documented the taxes affecting the hospitality sector — meals taxes, transit occupancy taxes, add-on sales taxes, and bed taxes — in a new report, “2025…
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Pending Paid Leave Bill Among Most Generous in U.S.
by Derrick A. Max Governor Abigail Spanberger campaigned on a promise to sign “paid family and medical leave” when it reaches her desk. But popular vote-getting concepts often ignore the damaging impact such policies have once they are implemented. Virginia’s paid family and medical leave program (Senate Bill 2/House Bill 1207) is a case study in…