Cuccinelli proposes $1.4 billion in tax cuts
The Republican for governor, Attorney General Ken Cuccinelli, made his tax-cut pitch at the Sweet Frog frozen yogurt shop in Carytown. Behind are Vance Spilmon of Richmond, COO of Sweet Frog Enterprises, and chain co-founder Annah Kim of Richmond.
Posted: Wednesday, May 8, 2013 12:00 am
Updated: 3:31 pm, Tue Jul 22, 2014.
Republican gubernatorial candidate Ken Cuccinelli proposed cutting a series of taxes — including state income tax and business taxes — as part of an “economic growth and Virginia jobs plan” he announced Tuesday.
Under Cuccinelli’s proposal, the income tax rate would drop from 5.75 percent to 5 percent over four years starting in 2014, and the corporate income tax rate would drop from 6 percent to 4 percent.
Wednesday, May 8, 2013 12:00 am.
Updated: 3:31 pm.