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Virginia's tax policy should be clear and simple so that taxpayers and small businesses can easily calculate and pay what they owe without accountants. Complicated tax laws create perverse incentives for avoiding taxes through tax shelters and complex accounting practices.
We believe lawmakers should eliminate all corporate welfare and special-interest handouts that create a two-tiered tax system. Implementing a broad base with low rates and limited carve outs will provide a more stable tax base, easing dramatic fluctuation in tax revenues and leading to more equal opportunity for all Virginians.
Our spending policy should protect taxpayers by adopting limits on spending, tax revenues, and debt financing, and create mandatory budget stabilization funds.
Sign our petition below to support tax and spend reform for Virginia.