Issues
Control taxes and spending
Phillips signed the
"No New Tax" pledge.
Virginia's budget has more than doubled in 10 years, while the
population has increased only 12%. Phillips will fight to keep
government focused on core responsibilities - roads, schools, and
public safety. Phillips will work diligently to limit
spending and limit taxes.
Herring is using our current transportation crisis to push forward
his own fiscal agenda. He continues to say we need a "dedicated
source" for roads. Instead of prioritizing current funds,
Herring's solution is to increase taxes. A 10 cent per
gallon increase in the gas tax yields only a half billion dollars.
A half cent increase in the state sales tax yields about the same.
To meet our transportation needs of $1 billion extra each year we
would need to implement both.
In the last budget cycle, the General Fund (un-earmarked money)
increased by $5.5 billion. This was discretionary money the General
Assembly could allocate without "taking away money" from any
program. Yet, only 5% of that surplus was spent on roads. Why
should we agree to Herring's tax increase and send Richmond an
additional $1 billion when the General Assembly is unable to
adequately prioritize the $5.5 billion bonus the state has just
received?
