Gov. Youngkin wants to cut income taxes and raise the sales tax in proposed Virginia budget

Virginia Gov. Glenn Youngkin proposed a new state budget Wednesday that would lower income taxes and raise the state's sales tax in an effort to stabilize revenues and allow Virginians “to keep more of their hard-earned money.” Youngkin's plan for the next two fiscal years also would expand the sales tax to include digital services, such as downloading music, that are already taxed in other states. He described the plan as “closing the big-tech tax loophole.” “Virginia has always taxed goods,” Youngkin said. “And over the last decade, the definition...