Virginia Business Magazine
Contact Us | Advertise | Subscribe | RSS RSS
Keyword Search Site Web  
 
Yahoo!

Business intelligence for and about Virginia's business community






Business Trends
Regional Views
Central Virginia
Hampton Roads
Northern Virginia
Shenandoah Valley
Southern Virginia
Southwest Virginia
Regional Profiles
Global / Local
RSS News RSS
 

News

 
 
Virginia's Wealthiest
• The 2007 Virginia 100: Who are Virginia's richest citizens? Read the annual survey.

• The 2006 Virginia 100: Read the annual survey.
 
List of Leaders
 
Virginia's Legal Elite


Fantastic 50
 
Special Reports & Publications

New Guide to doing business in Virginia

Site Selection Guide2007 - 2008 Site Selection Guide: An annual look at the state's economic delevopment. Smart growth, economic development contacts, maps, directions and more.

Meeting and Convention PlannerMeeting and Convention Planner: Contact information and links to all the major meeting destination marketing organizations across the state, plus information on companies offering meeting services

 
 
Business groups support tax increases for transportation
May 07, 2008

Jessica Sabbath

 

A group of state and regional business groups have said they support higher taxes for transportation.

In a letter to Gov. Timothy M. Kaine, 25 groups said they want an additional $1 billion spent each year on transportation construction and maintenance. The business groups said they would support an increase in the gasoline tax or an increase in the general sales tax of up to 1 percent, or a combination of the two. The state’s sales tax is currently 5 percent.

“We believe the commonwealth’s transportation infrastructure is a critical component of its economic success and the quality of life of all Virginians,” the letter stated.

The organizations said the money should be in addition to fixing the regional transportation plans that were stuck down by the Virginia Supreme Court this year. Those plans would have raised money for Hampton Roads and Northern Virginia through regional taxes.

The letter was signed by the Virginia Chamber of Commerce and organizations representing the construction, real estate and insurance industries. Many regional chambers of commerce also signed.

Kaine is supposed to introduce a transportation plan next week. He is expected to call the General Assembly for a special session to meet on transportation in June.

 
(0) Comments

Post a comment

Name:

Email:

Location:

URL:

Remember my personal information

Notify me of follow-up comments?

Submit the word you see below:


 
 

Contact Us | Advertise | Subscribe | RSS RSS | Home

Use of this website is subject to certain terms and conditions