Taxes

Did you know that last year Virginia’s tax on gasoline increased 5 cents per gallon, on July 1, 2020, from 24.4 cents to 29.4 cents?

Did you know that this year Virginia’s tax on gasoline is increasing again, by another 5 cents per gallon on July 1, 2021, to 34.4 cents? That is a 40% increase in one year.

Also, starting next year the Virginia gasoline tax will automatically increase with inflation every July 1st.

The Fairfax County Board of Supervisors voted 9 to 1 in favor of higher taxes on Tuesday. The new county budget will raise taxes by 3.4%, amounting to a 45% rise over 10 years. Supervisor Pat Herrity (R-Springfield) was the only “no” vote. Herrity’s alternative budget, rejected by the Democrat majority, held taxes nearly flat — while offering relief to seniors and 3% raises to county teachers.

On March 9, the Fairfax County Board of Supervisors, which is deciding on next year’s county budget, advertised a 4.25% real estate tax hike, which would cost the average homeowner $293. This continues a two-decade trend where the supervisors have increased real estate taxes three times faster than homeowner income, which has barely kept up with inflation

At the February 23rd Board meeting, the County Executive presented the Advertised Budget for FY2022. While this budget includes a decrease of one penny in the tax rate, it results in an overall increase of 3.4 percent for the average homeowner because of the rise in assessment values.

For those of us who have lived in Fairfax County for more than a decade or two, we cannot believe how our once-great place to live has been decimated by a decade of Democrat rule. The traffic congestion is probably to a large extent unavoidable, and taxes and spending – in absolute terms – will inevitably increase as the population expands. But that does not mean the rate of taxes and spending must rise disproportionately relative to population growth

Fairfax County Supervisor Pat Herrity (R-Springfield) was on WMAL’s Larry O’Connor Show Tuesday evening. The discussion focused on the county’s budget shortfall, with so many businesses and residents now struggling as the result of coronavirus-related closures. “We’ve got to hold the line and not increase taxes,” Mr. Herrity said.

The Fairfax County Board of Supervisors simply cannot and will not live within their means. Of course, their “means” means our taxes. This group of Democrats that never met a tax dollar it didn’t like has done it again. Our real estate taxes have just been raised an average of about 4.2%. Of course, next year, an election year for the entire Board of Supervisors and the School Board, there will be no tax increase. You heard it here first.

With all the new residential and business construction going on all over the County, one might expect…

The Educational Employees’ Supplementary Retirement System of Fairfax County (ERFC) was established July 1, 1973, to provide an independent retirement plan for Fairfax County Public Schools’ personnel as a supplement to the primary benefits they earn and receive separately from the Virginia Retirement System (VRS) and Social Security.      
Currently, at age 55 after 30 years of working for FCPS, a retiring employee’s yearly pension amount paid by the VRS comes to about 50% of that person’s average pay based on his/her 5 highest-paid years.  Normally, Social Security benefits would equate to around 25% of a person’s income earned during those 30 years of County employment at “full retirement” age, now 67 for new FCPS hires.  The ERFC supplement was designed to make up for losing that 25% by retiring prior to age 67.  In essence, retiring FCPS employees receive 75% of their pay at age 55.  However, the County now…