After suggesting digital sales tax, Youngkin blasts Democratic version • Virginia Mercury

In December, Gov. Glenn Youngkin said Virginia should modernize its tax code by closing what he called “the Big Tech tax loophole.” Virginia collects sales taxes when people buy a CD or a vinyl record, Youngkin’s administration explained while presenting his two-year budget proposal, but state policy hasn’t been updated to reflect the music industry’s shift to digital downloads and streaming services. Expanding the sales tax to cover all digital goods and services would bring the state an extra $714 million in revenue to the state’s general fund over the...