Taxes

Virginia Democrats Push Massive Tax Hikes That Could Make State Nation’s Highest-Taxed

[Photo Credit: By Adnan Masri - https://www.flickr.com/photos/200584859@N05/54625504680/, CC BY 4.0, https://commons.wikimedia.org/w/index.php?curid=168964451]

Virginia Democrats have reportedly unveiled a slate of tax proposals that would dramatically raise income and investment taxes, setting the Commonwealth on a path to become the highest-taxed state in the country and eclipsing even California’s tax burden. The legislation was introduced shortly after Democrats consolidated power in Richmond and includes the creation of new…

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