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Republican Governor Jim Gilmore
made a promise to the taxpayers of this state: to cut the car tax. Some members of the Virginia General Assembly are trying to sabotage that pledge.
Phasing out the car tax is the right thing to do. It was promised. The money needed for the tax cut is already in the budget, and hard working Virginian families are counting on that promised money to provide for their children and pay their bills.
Even if the next phase of the car tax cut is implemented, the legislature will have $400 million more to spend than they did last year. In fact, in the last three years, while the car tax phase-out was being implemented, the General Assembly has still increased general fund spending by 42 percent.
So why the controversy? It's simple. $400 million in new spending isn't enough for those high-tax-and higherspending members of the legislature who want to freeze the phase-out of the car tax. They want $700 million in new spending instead.
I was raised to believe that keeping your word is the right thing to do. I've raised my children that way as well. It's hard for me to understand why we would accept from politicians that which we find unacceptable in our families.
Tax increase proponents claim they're worried about a slowing economy. But Federal Reserve Chairman A\an Greenspan stated in congressional testimony last week that tax cuts would stimulate the economy at this point and give it new vitality.
In fact, Greenspan, viewed as the Olympian voice on the economy by both
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