Amazing what happens when Virginia has a Governor who doesn’t demand tax increases every year:
Virginia Ranked Sixth in the Nation for Lowest Tax Burden on New Investments
The study was conducted by the Council on State Taxation. They measured capital investment (VA was 6th best) and job creation (VA was 10th best).
I would note that, while the exact formula was not specified, it looks like the Commonwealth would have fallen out of the top ten in both categories had the income tax increase demanded by the missing-seven-billion-dollar man had been enacted.
I’m just sayin’.
Cross-posted to Bearing Drift
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Virginia is for Lovers of – Government Jobs.
The fabled economic job-creation engines of Virginia are NoVa and Hampton Roads well-endowed by the fruits of our 1.5 trillion deficit – much of it for military spending.
Who are the top 5 employers in Va – govt or private?