Virginia has an education improvement scholarship tax credit that lets people or businesses get a break on their taxes if they make donations to foundations that provide scholarships.
On the campaign trail, Republicans promised tax cuts.Now that lawmakers are about to convene in Richmond for the next General Assembly session, they'll need to figure out how to make it happen.
Republican Glenn Youngkin campaigned on a platform of cutting taxes, and now he's working with Republicans in the General Assembly to eliminate the grocery tax, press the pause button on a gas tax increase, double the standard deduction and give one-time rebates.
Gov.-elect Glenn Youngkin is proposing tax cuts and changes to Virginia’s taxation system that experts say would severely underfund the commonwealth in education, transportation and social services.
Eliminating the grocery tax used to be a liberal idea, something that progressives argued for because it would help mainly low-income people. Then Republican candidate for governor Glenn Youngkin campaigned on it. Now lawmakers from both parties appear poised to make it happen.