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Senate backs down on tax increase - Back door tax increase. BOHICA!
Richmond Times Dispatch ^ | 5/23/06 | By LARRY O'DELL

Posted on 05/23/2006 12:11:09 PM PDT by P8riot

RICHMOND, Va. - The Senate on Tuesday passed a revised budget that bows to the House of Delegates' demand to hold the line on taxes and postpone the debate on a transportation plan as late as this fall.

..........

The Senate bill, which passed 24-8, includes a one-time expenditure of $339 million for transportation _ but there is a catch. The money will be spent on roads and rail projects only if the General Assembly passes a statewide transportation plan that includes tax increases by Nov. 1. Otherwise, the money will go to the school construction fund and other capital projects.

(Excerpt) Read more at timesdispatch.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Virginia
KEYWORDS: kaine; taxincrease; vageneralassembly; virginia
BOHICA = Bend Over Here It Comes Again.
1 posted on 05/23/2006 12:11:12 PM PDT by P8riot
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To: iceskater; xyz123; Mudboy Slim; Corin Stormhands; jla; Flora McDonald; GeorgeW23225; ...

Richmond Ping!


2 posted on 05/23/2006 12:13:30 PM PDT by P8riot (Stupid is forever. Ignorance can be fixed.)
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To: P8riot

It's a start. The Senate blinked.

It's time to keep the pressure on the House to reject the BOHICA clause.


3 posted on 05/23/2006 12:22:45 PM PDT by iceskater (One person's mess is another person's filing system.)
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To: P8riot

It never ceases to amaze me the ingenuity that lawmakers use to extract money from the people.


4 posted on 05/23/2006 12:23:02 PM PDT by taxesareforever (Never forget Matt Maupin)
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To: P8riot

This won't fly either, because it's not an amendment to the house budget, as it should be. The senate has no real right to write a budget.

And note that the senate believes the money is available to spend on transportation -- so they are now on record as holding transportation HOSTAGE to a tax increase, when we COULD have the money NOW out of the surplus.


5 posted on 05/23/2006 12:40:52 PM PDT by CharlesWayneCT
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