Ed Gillespie’s “Cutting Taxes for ALL Virginians” Plan will jumpstart our economy, create jobs, attract talented workers to Virginia, and make us more competitive with other states.
We know what you’re thinking: that’s great, but what does this plan mean for me!?!
It’s simple: This plan puts nearly $1,300 more into the pockets of a family of four when fully phased in.
That’s important. Too many Virginia families have been squeezed by stagnant wages and higher costs. Raising take home pay will help all Virginians.
What you do with this money is up to you. A middle-class family in Richmond could make an extra mortgage payment. A laid-off coal miner in Southwest Virginia could take to night classes. A college student could buy textbooks for a year. Or maybe you want to take your family to Busch Gardens this summer? Here’s a look at just a few things you could do with nearly $1,300.
Some Things You Can Do With $1,285 More in Your Pocket
Take Your Family to Busch Gardens Williamsburg: $452.96
Based on the cost of four tickets, four dining plans and a parking pass to Busch Gardens Williamsburg
Make an Extra Car Payment: $503.00
Based on the average monthly car payment from Experian.
Cover a Mortgage Payment: $870.66
Based on average mortgage payment in the Southeast from the Bureau of Labor Statistics Annual Consumer Expenditure Survey.
Take Two Night Classes at Community College: $876.00
Based on the average cost of nine credit hours from VCCS.
Buy Holiday and Christmas Presents for Friends and Family: $929.00
Based on the American Research Group’s survey of spending from 2016 estimating an average of $929 for gifts.
New Clothes & School Supplies: $957.00
Based on Community in School’s 2016 Backpack Index.
Pay Your Electric Bill for Nine Months: $1,188.00
Based on average annual electric utility bills in Virginia from USEIA.
Cover the Cost of College Books for a Year: $1,250.00
Based on the average annual cost of textbooks and supplies from The College Board.