Reduce the individual income tax rate from 5.75 percent to 5 percent.
Reduce the business income tax from 6 percent to 4 percent.
Establish a Small Business Tax Relief Commission.
Seek ways to eliminate or reduce the negative effects of the Business Professional Occupational License tax, the machine tool tax and the merchants’ capital tax — while maintaining local tax revenue.
Ensure that state government growth does not exceed inflation plus population growth.
Workforce development
Broaden K-12 STEM curriculum.
Fill funding gaps to help unemployed or under-employed men, women and veterans earn certification in STEM (science, technology, engineering and math) and/or STEM-H (health) programs in counties with unemployment rates of 7 percent or higher.
Create a K-12 engineering endorsement for Virginia high school teacher licensure.
Increase the percentage of female students completing K-12 STEM-H programs to 50 percent by 2020 and initiate a public-private partnership with existing programs that will brand and market inspirational messaging and resources to empower young women and parents to pursue these career and degree pathways.
Reform community college career readiness programs to include business community input beyond board level into curriculum and expand internships with local businesses.
Reform veteran training, education and employment services to reduce the unemployment rate of veterans.
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