Kaine’s budget includes $1B in higher taxes

Merry Christmas, Virginia taxpayer. In addition to the ever increasing costs of goods and services, Gov. Tim Kaine also wants to now raise taxes to pay for state services.

While Gov. Kaine did make cuts in spending to most government agencies, he also found a way to raise taxes by nearly a billion dollars in the 2010-2012 biennial budget he proposed today.

From Lt. Gov. Bill Bolling, soon to be the state’s leading jobs creator:

“In last month’s elections, Virginia voters made clear that they do not support higher taxes. Governor-elect McDonnell and I have made clear that we do not support higher taxes. The House of Delegates has made clear that they do not support higher taxes. In fact, I seriously question whether or not the Governor can get the 21 Democrats in the State Senate to support higher taxes in these challenging economic times.”

“By including these significant tax increases in his budget, the Governor has presented an unrealistic and politically unachievable budget that will not be supported by the General Assembly or the people of Virginia. I encourage the General Assembly to look for ways to remove these tax increases from the budget and make certain that the budget is balanced through additional spending reductions, not higher taxes.”

Read more about the budget from the AP’s Bob Lewis and Dena Potter.

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