Galax is relying on machinery and tools tax revenue pay for incentives it offered new and expanding industries in the city.
Tuesday, February 14, 2012 at 2:59 pm (Updated: February 14, 3:00 pm)
By APRIL WRIGHT, Staff
and Landmark News Service
RICHMOND — Yielding to protests from localities, the Virginia House of Delegates on Tuesday defeated an effort to restrict local taxing power.
Del. Bob Purkey’s bill, HB512, would have prohibited localities from imposing the machinery and tools tax on new manufacturing equipment for the first three years after it is put into service.
If you subscribe to the newspaper, you receive FREE access to all the exclusive content of the web site! Simply register to receive uninterrupted access to our award-winning and in-depth local online content!
Renew Current or Past Subscription / Register for Online Subscription
If you currently subscribe or have subscribed in the past to the Gazette, then simply find your account number on your mailing label and enter it below.
Click the question mark below to see where your account ID appears on your mailing label.
New Subscription/30 Day Free Trial Account
If you are new to the award winning Gazette and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.
Create a limited access account. Register to participate in community forums, post on the community calendar, blog etc. This registration does not give you full access to read our award winning content, etc.
The Gazette | email@example.com | 2762365178222 P.O. Box 68, 108 West Stuart Drive, Galax, VA 24333 Office Hours are 8:00 a.m. to 5:00 p.m., Monday through Friday