Institute on Taxation and Economic Policy

ITEP Work in Action

The Commonwealth Institute: Destination Unknown

April 12, 2013

Navigating Virginia’s New Transportation Funding Package – and Potential Potholes The final transportation package passed by the General Assembly raises a lot of money for our roads, bridges and mass transit– but it creates some problems, too. The final legislation (HB2313) makes far-reaching changes in the way transportation is funded in Virginia. Among the key […]

The Commonwealth Institute: Senate’s Version of HB2313 Still Lacks Offsetting Relief Measures

February 21, 2013

While the Senate’s version of Governor McDonnell’s transportation bill looks very different from the bill passed by the House – and it is – the two versions have one major problem in common: they rely on regressive tax increases that will have low-income Virginians paying a greater share of their income towards funding transportation. As […]

The Commonwealth Institute: Governor’s Transportation Tax Hike Hits Low-Income Virginians Hardest

January 17, 2013

The tax and fee hikes proposed by Governor McDonnell to fund transportation will take a far larger share of income from Virginians at the low end of the income spectrum than those with higher incomes who are better able to pay. The governor proposes to increase the state sales tax to 5.8 percent, eliminate the […]

The Commonwealth Institute: The Road Less Taken: Creating Fair Taxes As Well As Better Highways

January 15, 2013

In the face of a funding crisis, Governor Kaine and the General Assembly face a difficult choice: Raise taxes and fees or enter into the next biennium with little money for the state’s expansive transportation system. A repeal of abusive driver fees and the Virginia Supreme Court’s ruling that regional components of the Transportation Funding […]