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Virginia Gov. Youngkin calls for end to taxes on tips ahead of legislative session

17 December 2024
in USA
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Virginia Gov. Youngkin calls for end to taxes on tips ahead of legislative session
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Virginia Gov. Glenn Youngkin, a Republican, is proposing to eliminate taxes on tips, potentially returning $70 million annually to Virginia workers in industries such as food service and hospitality. This move aims to increase take-home pay for over 250,000 workers, stimulate local economies, and reduce financial burden. The proposal must be approved by the Democratic-controlled General Assembly in the upcoming legislative session.

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