GOP candidate Ed Gillespie pledges to cut state income taxes

Ed Gillespie

RICHMOND, Va. (AP) _ Virginia Republican gubernatorial hopeful Ed Gillespie says he’s going to make cutting taxes a centerpiece of his campaign. Gillespie said Thursday he would trim state income tax rates for all tax brackets in Virginia. The plan would lower taxes on income over $17,000 a year from 5.75% to 5.15%. Gillespie says the move would grow the economy. He says he would pay for the tax cuts with a portion of expected state revenue growth, not with cuts to state spending. Virginia’s 2017 gubernatorial contest is expected to be widely watched as an early indicator of how voters are responding to President Donald Trump’s presidency.

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