They’re After the Money: Virginia Attempts State-wide Alarm Fee
No surprise. As states and cities find they are collecting fewer taxes, they are looking for more money in new taxes. New York is considering an 18 percent tax on soft drinks. California just reached a new tax and spending cut deal. Pennsylvania, Connecticut and Illinois, among others, face raising taxes or new taxes.
It will be tough for some to turn back the tax charge. But, thanks in part of the Security Industry Association (SIA); the Virginia legislature did just that, turning back a proposed new tax on alarm systems.