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The GOP candidate for lieutenant governor said the result would be an economic boom.
Associated Press | File May
E.W. Jackson said that if Ken Cuccinelli could have more than one term as governor, he’d back ending the tax as well.
Saturday, September 21, 2013
MECHANICSVILLE — E.W. Jackson, the Republican candidate for lieutenant governor, said he would work to get rid of the corporate income tax, which he said would help create an economic boom in Virginia.
“We’ll have more money coming into the government of Virginia than we’ve ever seen before if we put money back into the hands of people and get more people working,” Jackson said at a tea party event in Mechanicsville Thursday.
Jackson had said in an interview in August that he would support the idea of doing away with the tax sometime in the future, but didn’t say when.
Instead, he said he supported tax reform as proposed by Attorney General Ken Cuccinelli, the Republican candidate for governor, who wants to reduce the business income tax from 6 percent to 4 percent.
On Thursday, Jackson suggested that Cuccinelli may even agree with doing away with the entire tax but that the four-year term limit as governor would make this difficult.
“Now, this is something Ken won’t talk about, not because he’s not willing to, but because he’s only got four years, of course, and he’s term limited out,” Jackson said.
“But we believe it’s going to take longer than four years. So this is not an announcement that I’m running for governor, folks, but if given the opportunity, I will certainly work to make sure that we get rid of the income tax,” he said.
Cuccinelli spokeswoman Anna Nix said that the attorney general is focused on what he can accomplish in the next four years, “and that is lowering the corporate income tax from 6 to 4 percent.”
Nix would not say whether Cuccinelli supports Jackson’s position.
“Ken speaks for Ken. If E.W. is saying things, you’ll have to ask him about it,” she said.
Grant Herring, spokesman for state Sen. Ralph Northam of Norfolk, Jackson’s Democratic opponent, said that what he called Jackson’s “radical economic plan” would bankrupt the commonwealth and push Virginia to the brink of financial ruin.
“Jackson’s plan is so reckless that Ken Cuccinelli won’t even go along with it,” Herring said.
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