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Guest Commentary: Richmond doesn’t need a hero
['Andreas Addison', 'Bruce Milam', 'Samantha Williams', 'John Lindner', 'Tom Gates', 'John Bell', 'Brian Ezzelle', 'Betsy Gardner', 'Martha Lee', 'Waverly Perry']
Richmond BizSense
Henrico collects $50 million a year in business license taxes, or BPOL, at $0.20/$100 of gross receipts.
Business license taxes are a small revenue source but a powerful signal.
Critics will note I never voted to lower a tax rate during eight years on Council.
Match our business license taxes to our regional peers.
Richmond doesn’t need a hero.