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Gov. Youngkin signs legislation to cut car tax rates locally
An email from Governor Glenn Youngkin confirms that he signed legislation empowering localities to cut car tax rates.
His signature on the legislation empowers localities to cut car tax rates and prevent huge tax hikes.
Prior to the bill’s passage car tax rates could not be lower than the general rate of personal property.
That prevented car taxes from being cut.
Now that the bill has been signed, in the governor’s words it is now up to local leaders to step up and fight inflation with real tax relief.
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