Virginia Gov. Wants To Remove Early Sales Tax Payments | WAMU 88.5 - American University Radio

WAMU 88.5 : Morning Edition

Filed Under:

Virginia Gov. Wants To Remove Early Sales Tax Payments

Play associated audio

Virginia's Governor is proposing an end to the commonwealth's accelerated sales tax for most retailers.

The revised budget Gov. Bob McDonnell presents to legislators next week will eliminate the requirement that businesses pay estimated sales taxes early for all but about 200 Virginia retail merchants, freeing up 98 percent of dealers from the budget-balancing tactic that was implemented more than three years ago. 

McDonnell's budget will include nearly $21 million to offset revenue lost from drastically reducing the number of dealers subject to the accelerated sales tax, governor's office says.

Many merchants say they despise the requirement that they make early estimated sales tax payments and McDonnell has called the measure a budget gimmick that is anti-business. It was enacted in 2009 to shore up state finances at the depth of the recession. Last year, McDonnell asked lawmakers to start phasing it out early. 

NPR

The Dread Factor: Why Ebola And 'Contagion' Scare Us So Much

Even just the word Ebola is kind of terrifying. Why? Hollywood has a lot to do with it. But Ebola outbreaks also have all the ingredients for what one psychologist calls the "dread factor."
NPR

Author And His Daughter Cook Around The Word And You Can Too

Kelly McEvers talks to food writer Mark Kurlansky and his daughter Talia about their cookbook International Night, based on their tradition of cooking a meal every week from a different country.
NPR

Outside Group Mirrors Successful Strategies Of Political Parties

A U.S. Senate seat is up for grabs in Iowa, and the GOP has opened 11 field offices statewide. But there's also a new team working the state, the Virginia-based group Americans for Prosperity.
NPR

Islamic State Uses Online Strategies To Get Its Message Out

Experts say the videotaped killing of journalist James Foley is part of a broader propaganda strategy by Islamist militants. The group, the Islamic State, has become a master of the video medium.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.