Glenn Youngkin on Tax Reform

	Glenn Youngkin on Tax Reform

Propose the Car Tax Credit for Working Class Families

Leadership from both sides has said in recent weeks that we need to provide more tax relief to lower the cost of living. No surprise but I agree--and that starts with the most hated tax in America--Virginia's car tax. The Car Tax Credit for Working Class Families--will provide a permanent, refundable, income tax credit up to $150 for individuals earning under $50,000 a year and up to $300 for joint filers earning under $100,000 a year. Source: 2025 State of the State Address to the Virginia legislature , Jan 13, 2025

Only interested in a plan that reduces taxes for Virginians

In the second half, we need to structurally reform our tax code. We can do this by cutting taxes across the board 12% and paying for almost 80% of this by modernizing our tax code, which includes closing the tech tax loophole and increasing the sales and use tax by 0.9 percent. For low-income Virginians, we are including an expansion of the earned income tax credit. To be clear, this is a package deal, and I'm only interested in a plan that reduces taxes for Virginians. Source: 2024 State of the State Address to the Virginia legislature , Jan 10, 2024

Eliminated grocery tax; look forward to more tax breaks

We provided historic tax relief on a bipartisan basis, including eliminating the state's grocery tax. I was so pleased to see my democratic friends join us recently in celebrating the end of this regressive tax, something Virginians came together around during our election. That's definitely a clear sign that there is bipartisan momentum for more tax relief this session. I look forward to giving those on both sides of the aisle more opportunities to celebrate tax breaks in the coming weeks.

Those states that we compete with most directly--North Carolina, South Carolina, Tennessee, Georgia, Florida and Texas--have not only recovered all of the jobs lost during the pandemic, but they've actually added a collective 1.3 million jobs. That data tells an undeniable story. Virginians are moving to states with lower taxes and lower cost of living and as those Virginians pack up and move away so go the jobs, investments, and tax revenue they drive.

Source: 2023 State of the State Address to the Virginia legislature , Jan 11, 2023

Increase standard deduction; $1B of surplus for tax relief

We want all of our veterans to stay here. I'm asking you to eliminate the tax on military retirement income for veterans regardless of their age. I'm also asking that you finish the work we started last year, increase again the standard deduction by another 20%, a change that helps all Virginians, but especially the lower and middle income tax-payers. The plan I have laid out utilizes $1 billion of the $3.6 billion projected surplus for tax relief, and is structurally sound. Source: 2023 State of the State Address to the Virginia legislature , Jan 11, 2023

We will double the standard deduction on income taxes

Starting today, we will tackle the high cost of living. We will suspend for a year the recent tax increase on gasoline, and eliminate the grocery tax altogether. In addition, we will double the standard deduction on income taxes, rein in skyrocketing property taxes, provide the largest tax rebate in Virginia's history, and cut taxes on our military veterans' retirement benefits. Source: 2022 State of the State Address to the Virginia legislature , Jan 15, 2022

Oppose and veto any and all efforts to increase taxes

Youngkin announced his pledge to taxpayers to "oppose and veto any and all efforts to increase taxes."

?"Our government in Richmond has runaway budgets, and I believe in small government and efficient government. So today I'm going to sign a pledge to take care of Virginians as opposed to taking care of big government," said Youngkin as he became the first Republican gubernatorial candidate in Virginia to publicly sign Americans for Tax Reform's Taxpayer Protection Pledge.

Source: 2021 VA Governor campaign website YoungkinForGovernor.com , Feb 4, 2021

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*Other governors on Tax Reform:*			*Glenn Youngkin on other issues:*
*VA Gubernatorial:* Jennifer Carroll Foy Jennifer McClellan Justin Fairfax Kirk Cox Lee Carter Mark Herring Pete Snyder Ralph Northam Terry McAuliffe *VA Senatorial:* Amanda Chase Daniel Gade Hung Cao Mark Warner Nick Freitas Scott Parkinson Scott Taylor Tim Kaine	*Gubernatorial races 2025:* *New Jersey Governor:* Democratic primary June 10, 2025: Ras Baraka, Mayor of Newark (2014-present) Steven Fulop, Mayor of Jersey City (2013-present) Josh Gottheimer, U.S. Rep. NJ-5 (since 2017) Mikie Sherrill, U.S. Rep. NJ-11 (since 2019) Stephen Sweeney, N.J.Senate President (2010-2022) Republican primary June 10, 2025: Jon Bramnick, State Senator (since 2022); Minority Leader (2012-2022) Jack Ciattarelli, State Assemblyman (2011-2018), governor nominee (2021) Edward Durr, State Senator 3rd district (2022-2024); withdrew *Virginia Governor:* Democratic primary June 17 cancelled: Abigail Spanberger, U.S.Rep., VA-7 (2019-2024); Dem. nominee 2025 Levar Stoney, VA Secretary of the Commonwealth (2014-2016); (withdrew to run for Lt. Gov.) Republican primary June 17 cancelled: Winsome Earle-Sears, Lt. Gov. since 2022; GOP nominee 2025 Amanda Chase, State Senate District 11 (2016-2023); failed to make ballot Denver Riggleman, U.S.Rep. (R-VA-5); exploratory committee as Independent Glenn Youngkin, Incumbent Governor , (2022-2025), term-limited	*Mayoral races 2025:* *NYC Mayor Democratic primary June 24, 2025:* Adrienne Adams, speaker of the City Council Andrew Cuomo, former governor of New York, 2011-2021. Republican June 24 primary cancelled; general election Nov. 4: Eric Adams, incumbent Democratic mayor running as an independent Jim Walden, Independent; Former assistant U.S. Attorney Curtis Sliwa, Republican; CEO of the Guardian Angels *Jersey City Mayor (Non-partisan)* Non-partisan general election Nov. 4: Mussab Ali, former president of the Jersey City Board of Education Bill O'Dea, Hudson County commissioner (since 1997) Jim McGreevey, former N.J. Governor (2002-2004) James Solomon, city councilor (since 2017) Joyce Watterman, president of the Jersey City Council (since 2023) *Oakland CA Mayor* Non-partisan special election April 14, 2025: Barbara Lee, U.S.Rep CA-12 (1998-2025) Loren Taylor, Oakland City Council (2019-2023), lost general election Sheng Thao, Oakland Mayor, lost recall election Nov. 5, 2024	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families/Children Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Infrastructure/Technology Jobs Local Issues Principles/Values Social Security Tax Reform War/Iraq/Mideast Welfare/Poverty [Title9]