Del. Albo proposes array of tax hikes for transportationPoliticsVirginia

Just in case the Governor’s proposal on transportation funding wasn’t enough for you to consider, Del. Dave Albo has put forward a few ideas of his own. They include lots of tax increases:

5 percent tax on wholesale gasoline: $733 million

New taxes on out-of-state corporations: $250 million

Online sales tax: $255 million

Eliminate sales tax exemption for nonprofits: $79 million

Increased taxes in Northern Virginia and Hampton Roads (hotel tax, vehicle registration, restaurant tax, sales tax): $550 million for those areas

What, no abusive driving fees? Mr. Albo must be going soft.

Of his plan, Albo says:

“The governor has done something that’s very valuable. He has put a ball on a tee, and he pulled out a 5-iron to try to solve the problem,” Albo said. “We want to play the same ball, we just want a different club. We want a 3-wood.”

Mixing club metaphors with taxes really isn’t a wise thing to do. Especially when you’re asking for more club.

But to extend the Delegate’s phrasing just a bit, his proposal will probably snap-hook. Right into the lake.

And while we’re on the topic of golf shots gone awry, here’s your moment of Caddyshack goodness:

  • Diogenes

    Ah, Dave Albo…Virginia’s very own Joe Scarborough.

  • http://twitter.com/icanhasbailout Alexis Rose Bank

    How is Albo not yet in jail for public corruption after his $3250 speeding ticket maneuver?

    • MD Russ

      That is actually a very fair question. Just as there is a thin line between being old and being ugly, there is also a thin line between constituent interest and conflict of interest. Given that Albo and his law partner earn much of their income from defending traffic violations, I personally believe that he crossed over that line with his abuser fees legislation. Unfortunately, the law in Virginia is more tolerant of such official misconduct than many of us voters are. For example, I would have sent Gerry Connolly to prison rather than to Congress for accepting “consulting fees” from a company with re-zoning applications under consideration in his district when he was a Fairfax County Supervisor But that is just me.

  • David Obermark

    While I am in favor of an increase in the fuel tax, I believe I am opposed to a percentage tax on the wholesale price of fuel until someone provides a rational explanation for why this would be better.

    Let us look at what happened in North Carolina. They tied the fuel tax to the wholesale price with a ceiling of how high the tax could go. Things worked fine for them at first, prices kept going up and they sold bonds for ambitious highway improvement based upon the then current revenue. Problem was wholesale prices dropped and they no longer had the revenue they anticipated so legislation was passed to make what used to be the ceiling the floor.

    A cents per gallon tax provides better relative stability, it ain’t perfect, but it provides the fairest, most efficient method of raising transportation revenue.

    Don’t get me started on the evils of toll roads and how inefficient they are. My Senator Wagner has got to go because his leading the charge towards the adoption of bloated, inefficient reliance on toll roads for funding and thankfully Governor McDonnell is going to be limited to one term.