Republican candidate for Governor Glenn Youngkin has proposed tax cuts for Virginians that include eliminating the state’s tax on groceries and suspending the state’s tax hike on gas for a year. The proposals for tax cuts and more spending are dubbed “Day One Gameplan”.
>>>Youngkin’s proposed one-time tax cuts would amount to $1.8 billion, while the recurring tax cuts would total $1.4 billion per year. The GOP nominee will propose eliminating the state’s grocery tax, suspending the state’s gas tax hike for a year, and providing a one-time $600 tax rebate for joint tax filers and $300 for individuals, which will come from the state’s $1.5 billion surplus.
Additionally, Youngkin’s campaign said he would propose to put an end to rising property taxes by mandating voter approval for any increases. Youngkin would also propose to cut income taxes by doubling the standard deduction, which his campaign said would respectively save individuals and families $259 and $518 a year. Youngkin will also propose to cut taxes on the first $40,000 of veteran retirement pay.
On education, Youngkin will propose opening 20 new charter schools in the state, at an estimated cost of $100 million. Youngkin will also propose spending $100 million annually to give raises to teachers. On top of that, he will call to keep schools open safely for five days a week and ban critical race theory in the classroom.
In terms of community safety, Youngkin has proposed spending more than $200 million over the next two years to provide Virginia’s law enforcement with more financial support.<<<
Of course his opponent, Terry McAuliffe, tried to tie the proposals to Trump which, as usual, makes no sense.
More details are at the above link and here.