Virginia Voters Decide Whether To Approve Tax Exemption For More Military Spouses

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Virginia voters decide whether to approve tax exemption for more military spouses
Virginia voters decide whether to approve tax exemption for more military spouses from

Virginia voters decide whether to approve tax exemption for more military spouses

Introduction

In the 2023 Virginia elections, voters will decide on a ballot measure that would exempt the military pay of all active-duty military spouses from state income taxes. Currently, only military spouses who live on base are eligible for this exemption. If approved, the measure would expand the exemption to all active-duty military spouses, regardless of their residency.

Background

The Virginia General Assembly passed the measure in 2022, and it will now go before voters for final approval. The measure is supported by a number of groups, including the Virginia Military Officers Association of America and the Virginia National Guard Association. Opponents of the measure argue that it would cost the state too much money.

Arguments for the measure

Supporters of the measure argue that it would provide much-needed tax relief to military families. They point out that military spouses often have to relocate frequently, and this can make it difficult for them to find work. The measure would also help to attract and retain military families in Virginia.

Arguments against the measure

Opponents of the measure argue that it would cost the state too much money. They estimate that the measure would cost the state $40 million in lost revenue each year. They also argue that the measure is unfair to other taxpayers, who would have to make up for the lost revenue.

Conclusion

The Virginia ballot measure on military spouse tax exemption is a complex issue with both pros and cons. Voters will need to weigh the potential benefits of the measure against the potential costs before making a decision.