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 ...
