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The Republican candidate for governor proposed cutting taxes by $1.4 billion. In Roanoke, the Democratic challenger emphasized the importance of educating young Virginians.
Tuesday, May 7, 2013
RICHMOND — Republican Ken Cuccinelli is proposing to slash taxes by $1.4 billion, including cutting corporate tax rates by one-third if he’s elected governor.
He said in his first policy news conference at a Richmond yogurt store Tuesday that he would offset the individual and business income tax cuts by eliminating a broad range of exemptions and other incentives.
Cuccinelli also said he wouldn’t repeal the first transportation funding law in 27 years passed this year, even though he consistently opposed it and almost derailed it with a legal opinion in February.
The Republican attorney general’s event comes in congruence with a statewide “official launch” of Democratic rival Terry McAuliffe’s campaign, done six months after he declared his candidacy. McAuliffe made his first formal campaign stop in Roanoke on Tuesday, saying the state needs to put jobs first.
Speaking to a crowd of about 90 at the Wallace Agency on Power Street, McAuliffe said Virginia needs to reform its Standards of Learning and become more systematic about funding the most important transportation projects.
“K-12 education is the single most important tool we have to build a stronger Virginia, and we need to ensure that we are preparing Virginia’s students for tomorrow’s jobs,” McAuliffe said.
He said he also wants to increase workforce training and education in the sciences, technology and math.
Roanoke Times staff writer David Ress contributed to this report.
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