Virginia Gov. Youngkin Opposes Budget with Tax Hike, Seeks Compromise
Gov. Glenn Youngkin calls for revisions to the Democratic-led budget, emphasizing the need for no tax increases and the removal of a new digital goods tax.
- Gov. Glenn Youngkin has requested lawmakers to revise the recently passed budget, aiming to eliminate a $2.6 billion tax hike over two years.
- The proposed budget includes a new sales tax on digital goods and a directive for Virginia to rejoin the Regional Greenhouse Gas Initiative, both of which Youngkin opposes.
- Youngkin is also pushing for a $2 billion development district with a new arena to attract the NBA’s Washington Wizards and the NHL’s Washington Capitals to Alexandria.
- Despite bipartisan support for the budget, Youngkin has vetoed 20 bills and is seeking to submit compromise amendments in April.
- Democratic leaders are open to discussions, but Sen. L. Louise Lucas, a critic of the arena proposal, has expressed opposition.