Republican Gov. Glenn Youngkin and the Democratic lawmakers who control the Virginia General Assembly have spent months at odds over taxes.
Virginia Gov. Glenn Youngkin delivers his State of the Commonwealth address before a joint session of the Virginia General Assembly, Jan. 10, 2024, at the state Capitol in Richmond, Va. Republican Gov. Youngkin signed 88 bills Friday, April 5, and …RICHMOND, Va. —
“To be clear, we do not need new taxes. And again, for the sake of finding common ground, we won’t aim to reduce them this time,” said Youngkin, who had initially voiced support for the digital sales tax but paired it with a corresponding income tax cut for an overall reduction. Senate Majority Leader Scott Surovell told reporters after Youngkin’s speech that lawmakers would be closely scrutinizing the governor’s amendments to ensure that the budget remained structurally balanced and that the amendments “provide the level of services that Virginians expect, given the level of wealth and income and expectations of our citizens.”
The public process formally kicked off in December, when Youngkin unveiled his budget proposal, which offered a starting point for negotiations. In it, the governor called for a reduction to income tax rates paired with an increase to the sales tax rate and an expansion of the sales tax to cover certain currently exempted digital goods, such as streaming services.
The governor said his amendments, the full text of which was not immediately available to the press or public, would also:
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