From Team Youngkin <[email protected]>
Subject Americans for Tax Reform Blasts Virginia Democrats’ Budget Proposal
Date March 8, 2024 10:40 PM
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Americans for Tax Reform Blasts Virginia Democrats’ Budget Proposal




ICYMI: Americans for Tax Reform blasted the budget proposed by Virginia
Democrats Friday, highlighting the $2 billion tax increase included in the
proposal.





Americans for Tax Reform: Virginia Democrats Continue Efforts to Raise Taxes
in New Budget




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Democrats in Old Dominion continue to push forward with a budget that will
impose sweeping new, higher sales taxes on critical products and services
across the state.







These efforts would lead to almost $2 billion in additional taxes on families
and businesses across the Commonwealth.







With just a 1-seat majority in both chambers, Democrats’ tax hike efforts on a
wide-ranging slate of products and services reveal just how out of touch their
agenda is with the real struggles of working families and the business
community. Collecting another $2 billion in new taxes every year is the last
thing Virginians need.



This is why Governor Glenn Youngkin originally proposed a 12% across-the-board
income tax cut for all Virginia residents, bringing the state’s top income tax
rate down to 5.1%. In contrast to Democrat leaders in the House and Senate,
Governor Youngkin is working to return more money to hardworking taxpayers.



As the legislative session concludes lawmakers in Richmond should work to kill
billions in unnecessary tax hikes and instead adopt the Governor’s tax cut
proposal. Families deserve to keep more of their income, not be subjected to a
slew of taxes on basic items.



READ MORE HERE
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