Morning Jolt: Virginia Gubernatorial Candidates Debate a Ridiculously Low Top Tax Bracket

This is the last Jolt until October 10. Happy Columbus Day! Celebrate by going someplace you've never been before and calling it "India."

Forget a Millionaires' Tax, Virginia Has a Seventeen-Thousand-aires' Tax

The campaign of Virginia gubernatorial candidate Ed Gillespie unveils a new ad today:

GILLESPIE: "Virginia's top personal income tax rate kicks in at $17,000 a year. Ralph Northam thinks that makes you rich. Maybe that's why he's never voted for a tax cut. My plan cuts taxes for all Virginians, increasing take-home pay for the average family by nearly $1,300 and creating 53,000 good-paying jobs. With a stronger economy, we can invest more in our schools and increase teacher pay. I'm Ed Gillespie, candidate for governor, and I sponsored this ad."

Northam's accusation that $17,000 in income makes you rich stems from this exchange at their debate September 19:

NORTHAM: This plan, ladies and gentlemen, that you just heard, is a tax cut for the rich at the expense of ...

October 06 2017

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Virginia Gubernatorial Candidates Debate a Ridiculously Low Top Tax Bracket

Jim Geraghty

This is the last Jolt until October 10. Happy Columbus Day! Celebrate by going someplace you've never been before and calling it "India."

Forget a Millionaires' Tax, Virginia Has a Seventeen-Thousand-aires' Tax

The campaign of Virginia gubernatorial candidate Ed Gillespie unveils a new ad today:

GILLESPIE: "Virginia's top personal income tax rate kicks in at $17,000 a year. Ralph Northam thinks that makes you rich. Maybe that's why he's never voted for a tax cut. My plan cuts taxes for all Virginians, increasing take-home pay for the average family by nearly $1,300 and creating 53,000 good-paying jobs. With a stronger economy, we can invest more in our schools and increase teacher pay. I'm Ed Gillespie, candidate for governor, and I sponsored this ad."

Northam's accusation that $17,000 in income makes you rich stems from this exchange at their debate September 19:

NORTHAM: This plan, ladies and gentlemen, that you just heard, is a tax cut for the rich at the expense of ...

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