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Virginia Republican Gubernatorial Candidate Ken Cuccinellis Economic Growth & Virginia Jobs Plan is designed to unleash the spirit and ingenuity of Virginias innovators, entrepreneurs and job creators; empower middle class families by allowing them to keep more of the paychecks theyve earned; and reduce government barriers that crowd out economic opportunity in the private sector. Specifically, the plan includes the following proposals:
Reduce the individual income tax rate from 5.75 percent to 5 percent; Reduce the business income tax from 6 percent to 4 percent Establish a Small Business Tax Relief Commission with the following strategic goals: 1. Seek ways to eliminate or reduce the harmful effects of the Business Professional Occupational License (BPOL) Tax, the Machine and Tool (M&T) Tax, and the Merchants Capital (MC) Tax, while maintaining local government revenue; 2. Identify and eliminate outdated exemptions and loopholes that promote crony capitalism;
Ensure state government growth does not exceed inflation plus population growth.
To read this online: http://www.cuccinelli.com/ken-has-a-plan-for-jobs/
PAID FOR AND AUTHORIZED BY KEN CUCCINELLI FOR GOVERNOR
http://www.Cuccinelli.com