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Tag: Service Industry Workers
Youngkin Proposes Cutting State Income Tax On Tips To Help Virginia Service Workers
Virginia Gov. Glenn Youngkin is pushing to cut state income tax on tips for workers, a proposal he says will put millions of dollars back into the pockets of hardworking employees.
Youngkin’s budget plan, announced Tuesday, Dec. 17, could mean an extra $70 million annually for service industry workers across the Commonwealth, including food servers, hair stylists, and hotel staff, he said.
“We have delivered over $5 billion in tax relief to date, and we remain committed to lowering the cost of living for hardworking Virginians. It’s their money, not the government’s,” Youngkin said.
The ta…
