I seem to have missed the logic here.

Delegate David Englin (VA-45) is concerned about tax credits that eat up the revenue Virginia should be collecting, and in fact has submitted a bill  (HB1032) that: “Prohibits any committee of the General Assembly from reporting any bill that establishes, increases, or expands a state or local tax exemption, credit, deduction, or any other reduction in tax liability, unless the bill contains a sunset date not to exceed five years.”

So ponder this.  Why is he introducing

HB 1023 Income tax, state or corporate; tax credit for hiring certain individuals.

and co-patroning

HB 1041 Income tax, state and corporate; tax credit for hiring veterans.

HB 922 Real property tax; exemption for disabled veterans.

I guess it’s not tax credits he’s against, just credits he doesn’t like.

I’m not necessarily opposed to tax credits for disabled veterans, in limited circumstances.  But you can’t oppose tax credits, and then introduce them, without questions being asked.

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2 CommentsLeave a comment

  1. I guess you didn’t actually read my op-ed that you linked to! All of the tax credits I am introducing or co-patroning include a five-year sunset and a requirement that the Department of Taxation report how much revenue they cost and a statement of the purpose of the credit, so we can evaluate their effectiveness when the sunset comes up. In other words, these bills do precisely what I argue in the op-ed that all tax credit bills should do so we have some transparency and accountability.

    Please make an effort to understand my position before incorrectly criticizing me for violating it. Thanks!

  2. Understand the delegate’s defensiveness. Yes, the credits he proposes will sunset.

    But perhaps sunsetting credits are not tax credits. I’m not a legislator…perhaps I don’t understand these things.

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