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Services levy could cut some taxes, aid economy page 3
Group says it can cut taxes, improve economy

Date published: 4/29/2012

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But Thompson said his organization went to stakeholders--including Gov. Bob McDonnell's office--to try to get them on board.

The state's two largest groups representing local governments--the Virginia Association of Counties and the Virginia Municipal League--are at least open to the idea of working on such a restructuring plan, Thompson said, as long as local governments don't lose revenue under any changes.

He also talked to business groups, such as the state Chamber of Commerce and the National Federation of Independent Business.

They were "very interested" in the study, Thompson said, in part because many jobs that could potentially be created would be in small businesses.

The business groups also have long favored eliminating the BPOL and other taxes on businesses.

Of course, it's all just a plan on paper unless state legislators propose bills to restructure the tax system.

Thompson said he has been keeping the governor's office and key legislators informed, and plans to continue meetings with them in the future.

"I think there will be a fair hearing on this," Thompson said.

Chelyen Davis: 540/368-5028
Email: cdavis@freelancestar.com


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