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2018 SESSION

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SB 759 Income tax, state; lowers rate of taxation.

Introduced by: Glen H. Sturtevant, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Individual income tax rates. Lowers the rate of taxation for each tax bracket for individual income tax by 10 percent. The reduction will be phased in over the course of three years in which Virginia Gross Domestic Product grows by three percent or more.


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