Despite the stunning and rapid success of the vaccines in arresting the spread of COVID-19, if you enter a Virginia workplace you go back in time to the pre-vaccine era of doubt and fear. Virginia acted in haste in adopting permanent workplace rules related to COVID 19. Now that the...
One of the big financial winners with the May 1 Virginia minimum wage increase is the state itself, because the entire raise is subject to a 5 percent state income tax. With its low standard deduction and personal exemption amounts, Virginia squeezes income tax out of even its lowest wage...
In mid-April, the City of Alexandria passed an ordinance allowing government unions to bargain with the city. Unfortunately, many of the ordinance’s provisions are lopsided: the ordinance grants special advantages for government unions to easily organize public employees and traps workers into paying dues. Alexandria’s lopsided ordinance Alexandria’s ordinance makes...
Virginia is far more tax friendly to established businesses than it is to new ones. That is one major conclusion of a major state-by-state business tax comparison released Wednesday (here) by the Tax Foundation and KPMG LLC. In neighboring North Carolina, on the other hand, the tax structure encourages new...
With Virginia’s fiscal year now three-quarters complete, and basically one year since the depths of the COVID-19 recession, state tax revenues are soaring. Despite reports that the boom results from the economic rebound, it remains clear that changes in tax policy under Governor Ralph Northam are the major driver. Usually...
Instead of compensation increases for public employees, taxpayer relief or COVID safety, Virginia local governments are estimating six- and seven-figure costs just to implement the process of collective bargaining. While local governments in Virginia debate whether to allow public sector collective bargaining, many are already pointing to the high cost...
Four major changes in Virginia’s labor laws delayed at the beginning of the COVID-19 recession will all take effect May 1. All were approved by the 2020 General Assembly once Democrats controlled both legislative chambers and then delayed at the 2020 Veto Session. May Day 2021 is almost here. Minimum...
