Virginia Gov.Youngkin Unveils Game-Changing Proposal for Taxpayers!

Subscribe for free to eliminate ads

Disclaimer: The article may include the author's opinions.

Advertisement

Virginia Governor Glenn Youngkin (R) has proposed eliminating state taxes on tips in the service industry, which he says will return an estimated $70 million annually to the pockets of hardworking Virginians. The proposal, which Youngkin will present in full this Wednesday, aims to make Virginia the first state to remove state income taxes on tips.

Youngkin stated that this should be bipartisan as he is taking care of those folks, garnering applause from restaurant staff and patrons. The proposal would benefit not only restaurant servers but also other service workers who rely on tips, such as hair stylists and hospitality workers.

Elaine Cunningham, a longtime server at McLean’s Restaurant, shared how the proposal would significantly impact her life. Cunningham explained, noting that she and her colleagues don’t receive paychecks, their hourly rates are fully taxed and tips are a majority of what they make. She described the change as life-changing. WATCH THE VIDEO BELOW:

Dionna Kelleher, the restaurant owner, also voiced her support, emphasizing how the tax reduction would help small businesses by lowering payroll taxes. Youngkin highlighted that the proposal would ensure that workers receive the full amount of tips, rather than having a portion go to taxes. His office stated that the move would be part of his broader efforts to reduce the cost of living for Virginians and follows more than $5 billion in tax relief already provided under his administration.