Before Virginia was home to U.S. presidents, provided headquarters for the Pentagon and CIA, or was for lovers, it was a major agricultural center. That history is underscored by the variety of agriculture taxes the state still collects.
Of the 16 miscellaneous taxes listed in the Virginia Tax Facts, half are connected to agriculture.
They are a corn assessment, cotton assessment, egg excise tax, forest products tax, peanut excise tax, sheep assessment. small grains assessment and soybean assessment.
Heck, you can even make an argument for considering the cigarette and tobacco products taxes as agricultural levies since farming of the fragrant leaf dominated Virginia's economy for more than three centuries.
So to all of the Old Dominion's farmers and forestry workers who pump $79 billion a year into the state's economy and help support thousands of other jobs, the Virginia Department of Taxation thanks you.
Tax trip around the
United States: This post is part of our series
highlighting tax information from the 50 U.S. states and Washington,
D.C. You can read other state tax
blurbs at our Complete menu of tasty state tax tidbits.
The State Tax Departments page
provides links to official state and District of Columbia revenue Web
sites so that you can find out more about your home's tax laws and
filing requirements.
As
we work through the 2010 tax season, a different state will be featured
each day as noted in Don't forget your state taxes! Check back to see
what tax tidbit we share about your home.
Related posts:
- State Tax Tidbits
- State Tax Departments
- Don't forget your state taxes!
- Shutting off subsidies?
- Nebraska tax tidbit: beginning farmers
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