SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2015 SESSION


HOUSE JOINT RESOLUTION NO. 693
Designating March, in 2016 and in each succeeding year, as Tax Withholding and Employer Contribution Awareness Month in Virginia.

 

Agreed to by the House of Delegates, January 28, 2015
Agreed to by the Senate, February 24, 2015

 

WHEREAS, during World War II, the United States Congress introduced payroll withholding and quarterly tax payments through the Current Tax Payment Act of 1943; and

WHEREAS, this act reduced the taxpayer’s awareness of the amount of taxes being collected, which reduced the transparency of the taxation system and made it easier to raise taxes in the future; and

WHEREAS, the current taxation system is not sufficiently transparent, resulting in confusion about how much money is paid to the federal government in taxes; and

WHEREAS, the amount of taxes withheld from an individual’s paycheck does not indicate the true amount of taxes paid by working Virginians and does not reflect the mandated contributions made by employers on behalf of each employee; and

WHEREAS, an individual should have full knowledge of the amount of taxes that are being withheld from his paycheck; transparency in tax collection is a key component of democracy; and

WHEREAS, during Tax Withholding and Employer Contribution Awareness Month, the Commonwealth will cooperate with the Virginia Chamber of Commerce and the National Federation of Independent Business to promote awareness of the true amount of state and federal withholdings so that employees better understand their tax contributions and the contributions made by employers on their behalf; now, therefore, be it

RESOLVED by the House of Delegates, the Senate concurring, That the General Assembly designate March, in 2016 and in each succeeding year, as Tax Withholding and Employer Contribution Awareness Month in Virginia; and, be it

RESOLVED FURTHER, That the Clerk of the House of Delegates transmit a copy of this resolution to the Virginia Chamber of Commerce so that members of the organization may be apprised of the sense of the General Assembly of Virginia in this matter; and, be it

RESOLVED FINALLY, That the Clerk of the House of Delegates post the designation of this month on the General Assembly’s website.