The Revenue Picture is Bad, But Not as Bad as Expected


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7 responses to “The Revenue Picture is Bad, But Not as Bad as Expected”

  1. Nancy_Naive Avatar
    Nancy_Naive

    Neither. The glass is over-engineered.

    1. VDOTyranny Avatar
      VDOTyranny

      Whats in the glass? Water? Franklin County’s Finest?

  2. Nancy_Naive Avatar
    Nancy_Naive

    Neither. The glass is over-engineered.

  3. LarrytheG Avatar
    LarrytheG

    wait….wait.. The “incompetent” and “bumbling” Northam administration has somehow managed to dodge fiscal Armageddon?

    Good lord!

    How can that be? Coonman who has been depicted as equal parts of lawless dictator and economy-kiling dufus , .. is .. also a successful fiscal conservative or… someone is lying their proverbial butt off?

    Holy moly – what the hey is going on?

    1. Steve Haner Avatar
      Steve Haner

      Layne’s a Republican (or at least was when I first met him….)

      Looking better than I expected but the personal income tax numbers won’t be known until the quarterly filings. I’m late with looking at this because we went out shopping, and I have to say more folks were at that mall than I expected. The feds have flooded people with cash (if you could get your unemployment processed) and relieved many of them of pesky nuisances such as rent or electric bills. so they are spending. Somewhere Keynes is smiling.

      1. LarrytheG Avatar
        LarrytheG

        Well then, give Northam credit for putting responsible conservative folks on this team! Pretty sure Layne is also the architect of VDOT’s Smart Scale which has pretty much killed boondoggle projects.

        Yep – people are out and about – less of them wearing masks and some are a little on the surly and rude side.

      2. Nancy_Naive Avatar
        Nancy_Naive

        I created a false economy for them. I don’t do withholding on anything. I just drop one estimated payment in the 1st quarter equal to 112% of last year’s tax burden. If they’re counting on another three just like it, they’re in for a disappointment.

        I’m amazed that people waste time filing out the worksheets in the 1040ES and the 760ES. I did it once. Much easier to just give them the minimum to avoid penalties and interest and be done with it.

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