Mar 28, 2022 | Groundswell
Consequences To Property Tax Systems For several years property tax reformers have been calling for a land value tax (LVT) to counteract rapidly rising home prices. A property tax system that raises the tax rate on land and lowers the rate on structures dampens the...
Feb 19, 2022 | Groundswell
Senate Bill 472, which allows any Virginia locality to raise its sales tax 1% to fund school construction projects, passed the Senate with a 28-12 vote. This does away with the previous practice of the assembly passing sales tax increases in a piecemeal fashion. And...