Virginia budget deal provides $4B in tax cuts, raises for teachers and state workers

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Virginia budget deal provides $4B in tax cuts, raises for teachers and state workers

RICHMOND, Va. (WRIC) -- Virginia General Assembly negotiators reached a proposed deal on the state budget that includes $4 billion in tax cuts and 10% salary increases for school teachers and state employees.The $4 billion in tax cuts, which will happen over three years, will bring one-time tax rebates of $250 for individual filers and $500 for families this year. Public school teachers and state workers will see 10% raises over two years, inclu…