Wednesday, December 12, 2012

McDonnell's Revised Budget to be Presented Next Week
The revised budget Gov. Bob McDonnell presents to legislators next week will end the accelerated sales tax for all but about 200 Virginia retail merchants, freeing 98 percent of dealers from the 3 1/2-year-old budget-balancing scheme. The governor's office announced that McDonnell will include nearly $21 million to offset revenue lost from drastically reducing the number of dealers subject to the accelerated sales tax. Merchants despise the early estimated sales tax payments. It was enacted to shore up state finances at the depth of the recession in 2009. McDonnell asked lawmakers in 2011 to phase it out early. McDonnell proposes boosting the threshold for paying the tax from $26 million in annual taxable sales to $48.5 million. He also seeks $250,000 more for Parkinson's disease research at Virginia Commonwealth University.

Tuesday, September 02, 2014

  • Review Shows Kilgore Chaired Commission Grants to Agencies affiliated with Kilgore Family
  • Kingsport Plans $26 Million in Bond Issues for Improvements
  • Man Arrested After Making Social Media Threats Against a Unicoi County School
  • Former Hill Topper Called Up to the Big Leagues
  • Russell County Man Found Alive
  • Wellmont on Agenda for Kingsport Board of Mayor and Aldermen
  • Child Run Over in Driveway Near Bristol
  • Sullivan County School Board To Discuss Smoking Policy Again
  • Animal Ordinance Changes Considered by Bristol, TN City Council
  • Retirement of One of Longest Serving Virginia State Troopers; from the Bristol area



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