First, as they say on public radio\u2019s Marketplace, we do the numbers on the unprecedented tax bill passed last night:<\/p>\n
The highlights here<\/a>. <\/p>\n *Total new revenues<\/a>: $1.6 billion over two years. Norfolk, for example, received 1.8 percent of the state’s car tax payments last year, totaling $15.4 million. That figure would be frozen at about $17 million.<\/p><\/blockquote>\n * Seniors<\/a> earning over $99,000 ineligible for tax deduction, though those already 65 held harmless; deduction remains for those with incomes or $50,000 or less. <\/p>\n","protected":false},"excerpt":{"rendered":" First, as they say on public radio\u2019s Marketplace, we do the numbers on the unprecedented tax bill passed last night: The highlights here. *Total new revenues: $1.6 billion over two years. *State directly collects $979 million. *Sends an additional $377 million to localities for schools but not mandated *Pack-a-day smoker pays $63.88 more this year… Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/1366"}],"collection":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/comments?post=1366"}],"version-history":[{"count":0,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/posts\/1366\/revisions"}],"wp:attachment":[{"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/media?parent=1366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/categories?post=1366"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/griendling.com\/wordpress1\/wp-json\/wp\/v2\/tags?post=1366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n*State directly collects $979 million.
\n*Sends an additional $377 million to localities for schools but not mandated<\/a>
\n*Pack-a-day smoker pays<\/a> $63.88 more this year and $100.38 next.
\n*10 percent excise tax<\/a> on other tobacco products– money to Virginia Health Care Fund.
\n*Saves $277 million by capping car-tax.
\n*Car tax reimbursement to localities frozen<\/a> at next year\u2019s level. <\/p>\n