The gasoline tax, long the backbone of Virginia's highway funding, could become less and less productive with more fuel-efficient vehicles on the road. New and fair ways to spread the cost will have to be found, according to auto expert, George Hoffer. The author examines the pros and cons of a widely studied alternative to the current motor fuels user tax--a vehicle-miles-traveled (VMT) tax.
8 years 11 months ago
9 years 1 month ago
Virginia's state and local governments need each other's close cooperation to function effectively, but in today's political and economic climate, the relationship has become badly frayed according to Neal Menkes, a longtime state finance expert. The state relies on local governments to deliver core programs such as education, public safety and social services.
9 years 2 months ago

Auctions are increasingly being used to allocate emissions allowances (“permits”) for cap and trade and common-pool resource management programs. These auctions create thick markets that can provide important information about changes in current market conditions.

9 years 2 months ago

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