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The Fine Print: What Trump Isn’t Telling You About His 2025 Tax Plans
We’ll also look at potential “tax traps to avoid when the new administration takes office. These include legislative and economic issues (aka "the fine print"), behind the tax promises ...
WRIC Richmond on MSN20h
General Assembly moves forward with bill to allow localities to charge additional sales tax for school construction
McPike has introduced a bill that would allow localities to charge an additional 1% sales tax with the money going toward school construction and renovation, but only if voters in that locality ...
Virginia Mercury7d
Cannabis sales bills clear Virginia legislature, face likely Youngkin veto
Virginia’s legislature has once again approved legislation to create a regulated and taxed cannabis marketplace, and with ...
Washington Examiner8d
Virginia Democrats keep car tax in counter to Youngkin’s proposed cuts
The proposals from both chambers do not include Youngkin’s plans to phase out the car tax through rebates or to eliminate taxes on tips. Virginia Democrats opted instead to offer sweeping ...
The Virginian-Pilot5d
Virginia Democrats propose $1 billion in tax rebates in lieu of Youngkin’s car tax plan
RICHMOND — The Virginia House and Senate money committees presented their versions of the proposed budget Sunday. Notably absent from either were Gov. Glenn Youngkin’s signature tax proposals ...
Forbes8d
Virginia Senate Passes Bill To Legalize Recreational Cannabis Sales
Retail sales of adult-use cannabis would be subject to a tax of up to 11.625%. Recreational cannabis producers and retailers would be licensed by the Virginia Cannabis Control Authority.
WSET11d
Danville entrepreneur advocates for fair tax policy amid credit card transaction fees
"I'm still paying a credit card fee even on the sales tax that I collect," DelGiorno said. "I feel like as a tax collector for the state of Virginia, we shouldn't be financially penalized." ...
Richmond9d
Virginia House, Senate budgets urge $1.1 billion in one-time tax rebates
Glenn Youngkin, urging more than $1 billion in tax relief for Virginia taxpayers and proposing ... the option of imposing an additional sales tax of 1 percentage point to pay for school ...
Richmond8d
Virginia Democrats propose $1 billion in tax rebates in lieu of governor’s car tax plan
In fiscal year 2024, the car tax generated $66 million in revenue for Newport News and $139 million for Virginia Beach. That funding goes toward things like education and community programs, and ...
wtvr10d
Virginia Democrats dump Youngkin's proposed tax cuts in favor of onetime rebates
RICHMOND, Va. — The Democratic-led Virginia Senate and House of Delegates appropriations committees each presented on Sunday state budget plans that include onetime tax rebates to all taxpayers ...
WTOP News3d
Wenzel and Virginia Tech host Virginia
Virginia Tech Hokies (15-8, 6-6 ACC) at Virginia Cavaliers (12-12, 4-8 ACC) Charlottesville, Virginia; Sunday, 12 p.m. EST BOTTOM LINE: Virginia Tech visits Virginia after Carleigh Wenzel scored ...
The Washington Post9d
Va. lawmakers float broad tax cuts instead of Youngkin’s targeted plan
RICHMOND — Lawmakers in the Democratic-controlled General Assembly managed to agree with Virginia Gov. Glenn Youngkin (R) on the overall topic of tax cuts but contradict him on how to do it ...