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By SEN. KEVIN G. MILLER
Rappahannock News Contributing Writer
Gov. Gerald L. Baliles is finding little support for his proposal for a tax credit for low-income residents. The measure is designed to return some of the annual income tax “windfall” realized by the Commonwealth as a result of its failure to make adjustments to the state income tax laws following the federal Tax Reform Act of 1986.
The governor’s attempt to relate this credit to tax relief for the needy in the form of a rebate for sales tax paid on food and 'non-prescription drugs is fanciful at best. The poor and elderly will continue to pay the sales tax and get no credit unless they are fortunate enough to have enough income to file a state income tax return.
I hope that there will be a sufficient number of Democrats with the courage to support Republican legislation to enact a reduction in the state’s income tax rates.
It appears that the proposal for Virginia localities to have the option to elect local school boards by popular vote has been shot down again
87.5%