Virginia Gov. Glenn Youngkin (R) on Monday called for an end to the tax on tips in the state by including language in the next state budget that would eliminate the practice.
“We have delivered more than $5 billion in tax cuts to date and remain committed to lowering the cost of living for hardworking Virginians. It's their money, and it's not the government's money,” Youngkin said in a press release. No,” he said.
“Removing tips from taxable income directly increases the take-home pay of hundreds of thousands of Virginians, giving them purchasing power, which in turn improves financial stability, stimulates local economies, and increases their “The value of hard work will be respected,” he continued.
“It's going to be a credo in Virginia to not tax tips,” Youngkin said in an interview with Fox News.
Youngkin's proposal echoes President-elect Trump's call during the campaign to eliminate taxes on tips. Vice President Harris also supported eliminating the tax on tips. It's unclear whether Virginia Democrats will support Youngkin's proposal.
The governor said the initiative could provide relief to up to 250,000 people working in Virginia's food and hospitality industry.
The proposal must be approved by the state Legislature and will be submitted before the start of the state legislative session next month. This will be held in advance of next year's gubernatorial election, in which Lt. Governor Winsome Earl Sears (Republican) and Representative Abigail Spanberger (Democrat, Virginia) may face off. It is considered high.
