Coverage dated December 15, 2024 to December 16, 2024
Youngkin calls for an end to taxes on tips ahead of Virginia legislative session
Headline from The Hill
Virginia Gov. Glenn Youngkin (R) called for an end to taxes on tips in the state on Monday, by including language in the upcoming state budget to eliminate the practice. “We have delivered over $5 billion in tax relief to date, and we remain committed to lowering the cost of living for hardworking V…
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Virginians who earn part of their wages from tips would be able to legally deduct those gratuities from income that the state taxes under a proposal that Gov. Glenn Youngkin put on the table Monday as a teaser for tax policy changes he plans to introduce in the state budget in two days.
Virginia Gov. Glenn Youngkin (R) called for an end to taxes on tips in the state on Monday, by including language in the upcoming state budget to eliminate the practice. “We have delivered over $5 billion in tax relief to date, and we remain committed to lowering the cost of living for hardworking V…