Virginia Department of Taxation
- Virginia’s $1.94 Billion Data Center Giveaway: A Colossal Failure of Fiscal Restraint
The recently finalized Virginia budget reveals a staggering fiscal reality for hardworking taxpayers who are currently subsidizing the booming data center industry. While lawmakers publicly tout a newly implemented electricity consumption tax, they quietly retained a massive retail sales and use tax exemption for these technology giants through the year 2035.
- Governor Glenn Youngkin Champions No Tax On Tips
Today, Governor Glenn Youngkin announced a proposal to exempt Virginia’s income tax from service tips.