Network News

X My Profile
View More Activity
Posted at 9:55 AM ET, 12/17/2010

Va. revenue forecast revised upward

By Anita Kumar

Virginia Gov. Robert F. McDonnell said Friday he will revise the state's revenue forecast upward by $283 million -- $134 million in fiscal year 2011 and $149 million in fiscal year 2012 -- because he expects Virginia to collect more tax revenue over the next two years.

"The conservative upward projections reflect stronger than planned growth in income tax withholding and sales tax revenues; good indicators of an uptick in economic activity,'' he told legislators in his annual speech to the General Assembly's financial committees Friday morning.

By Anita Kumar  | December 17, 2010; 9:55 AM ET
Categories:  Virginia  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Lori's A.M. Buzz: Gift ideas for Mom?
Next: Post office renamed for Dorothy Height


But, I thought taxes were EVIL and TERRIBLE? Cut those sources of income, Mr. Gov!

Posted by: Bious | December 17, 2010 1:25 PM | Report abuse

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2011 The Washington Post Company