Virginia Democrats extend tax increases to target fantasy football leagues, entering overtime.

• Virginia Democrats have proposed a new tax plan that includes a 10% levy on fantasy football leagues.
• This initiative is part of a broader set of tax increases introduced by the Democrats in the state.
• The proposed tax specifically targets the revenue generated from fantasy sports activities across Virginia.
• The measure is intended to increase state tax revenue by tapping into the growing popularity of fantasy sports.
• This move is described as entering “overtime,” suggesting it could be a contentious or extended legislative process.
• The decision reflects an effort by lawmakers to explore unconventional revenue streams amid broader budgetary considerations.

Source: https://www.foxnews.com/politics/virginia-dems-take-tax-hikes-overtime-target-fantasy-football-leagues)