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.

Friday, October 24, 2014

  • Sullivan County Suspect Still At Large, Accused of Stealing Another Vehicle
  • Kingsport Man Arrested For Aiming Rifle at a Police Officer
  • A Comprehensive Study of Bristol, Virginia Planning and Zoning on Tap
  • BVU to Consider Paying $5,000 for NEW CEO to Move to Bristol
  • Two East Tennessee Assisted Living Facilities Fined $1,000
  • Kingsport Arrest Results from $60,000 Theft
  • Kingsport Suspects Try to Flush $12,000 in Crack Cocaine Down the Toilet
  • Five Booked in Washington County After Year-Long Meth Investigation
  • Suspected Corvette Thief Arrested, Charged for Scott County Incident With Deputy
  • Carter County Authorities Quickly Catch Armed Robbery Suspect
  • Jury Convicts Southwest Virginia Retail Store Owners of Selling Synthetic Marijuana
  • Sentence Reduced for Bristol Man Convicted of Child Rape
  • Carter County Gets Stern Warning on Finances From Comptroller
  • Mold Forces Closure of Indian Springs Elementary
  • Dangerous, Possibly Drugged, Suspect Wanted in Sullivan County
  • New Virginia Road Funding Formula in Question for Coalfield's Expressway, Other Projects
  • Bristol, Virginia Working to Get Revenue Bonds to Market for The Falls Project
  • USDA Awards $3 Million to Scott County, Va., for Broadband



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