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 31, 2014

  • Wreck Involving Two Daniel Boone High School Students Still Being Investigated
  • TSSAA: Two-year postseason ban, $4,750 fine for David Crockett, Daniel Boone High Following Musket Bowl Brawl
  • Virginia's Constitutional Question on Ballot Meant to Help Veteran's Widows and Widowers
  • Crowe Pushes Passage of Amendment for Veteran's Charities
  • Circuit Court Clerk Race Hotly Contested in Bristol
  • Director of Schools: Players ID'd in Musket Bowl Brawl Could be Suspended From School, All Athletics
  • Child Neglect Trial Date Set for January
  • Police Crash Halloween Party in Elizabethton, Find Drugs and Sawed-Off Shotgun
  • Old Bunks from Virginia Intermont Get Use in Southwest Virginia
  • Johnson City Man Charged with Stealing $8,000 of Construction Equipment
  • Man Killed by Train in Johnson City Identified
  • Man Found Shot to Death in Home in Greene County
  • Bridge in Kingsport to Carry The Name of Decorated Vietnam Soldier
  • Boone Lake Reservoir Going Down Five Weeks Early for Sinkhole, Seepage Investigation
  • Johnson City Man Charged in Restaurant Burglary
  • Federal Funding Problems Delay Northeast Tennessee Road Projects
  • Meth-Making Charges Filed Against Damascus Man
  • VDOT Gets More Funding, More Equipment for 2014-15 Snow Removal



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