Connect with us

Politics

Virginia Dems take tax hikes into overtime, target fantasy football leagues

Published

on

Virginia Dems take tax hikes into overtime, target fantasy football leagues

NEWYou can now listen to Fox News articles!

Amid a slew of fresh taxes proposed by the newly emboldened Democratic majority in Virginia, the latest entry seeks to sack people’s fantasy football leagues.

The Fantasy Contests Act, authored by Sen. Adam Ebbin, D-Alexandria, would impose a 10% tax on fantasy sports revenue from games played within the Commonwealth.

Five percent, or 0.5 percentage points of the overall 10% tax, would go to the state’s problem-gambler treatment fund, while the other 95% (9.5 percentage points) would go to the state’s general fund.

VICTORIOUS VIRGINIA DEMOCRATS MORPH FROM PRETEND MODERATES INTO LIBERAL EXTREMISTS OVER NIGHT

Advertisement

Fantasy Football Draft Notes. (iStock)

It also requires fantasy sports contest operators to register with the Virginia Department of Agriculture and obtain a permit before offering any games to people in the Commonwealth.

Fox News Digital reached out to Ebbin for comment on the tax, and how he came up with the idea for it.

While Ebbin did not respond by press time, Fox News Digital also attempted to press the senator on how this latest levy aligns with Virginia Democrats’ campaign mantra of “affordability.”

Fox News Digital also reached out to the state’s two legislative Republican caucuses for additional comment.

Advertisement

The Virginia Lottery would have rulemaking and oversight authority over daily fantasy sports, according to Gambling Insider.

Washington Commanders’ Austin Ekeler #30 trains in Ashburn, Virginia. (Scott Taetsch/Getty Images)

Other states are also considering legislation providing oversight or regulation of fantasy sports, including Illinois, the outlet reported.

There, a bill would grant the state’s gaming board the ability to tax and regulate such play at anywhere from 10 to 15%.

The Washington think tank Americans for Tax Reform came out swinging against the legislation with a full article-length critique of Ebbin’s plan.

Advertisement

“As with every tax and fee imposed on businesses, the cost doesn’t stay with the company; it’s ultimately passed on to consumers,” ATR wrote.

Buffalo Bills quarterback Josh Allen works out prior to an NFL wild-card playoff football game against the Jacksonville Jaguars in Jacksonville, Florida, on Sunday, Jan. 11, 2026. (Chris O’Meara/AP Photo)

“This new tax inevitably translates into smaller prize pools, higher entry fees, fewer promotions and bonuses, and less competition in the market. In other words, Virginia players are the ones who end up footing the bill.”

ATR also criticized the logic behind how the bill was crafted, saying that if fantasy sports truly are skill-based — in that players use their sports knowledge to draft, start, sit and trade players — they should not be taxed “as though they were a vice.”

Virginia Democrats have also proposed a slew of other tax proposals — aside from their plan to redistrict potentially every Republican congressman except Morgan Griffith out of their seat.

Advertisement

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

One such bill creates a net-investment income tax on trusts and estates, raising the Commonwealth’s top marginal rate to just under 10%.

Other proposals create new high-tax brackets, levy Second Amendment related purchases like an 11% tax on ammunition, place a tax on home-delivery services like Amazon, UPS and Uber Eats, and expand the current breadth of the state sales tax to include purchases not previously taxed under Gov. Glenn Youngkin’s tenure or earlier.

Politics

Denise Powell Wins Democratic Primary in Key Nebraska House Race

Published

on

Denise Powell Wins Democratic Primary in Key Nebraska House Race

Denise Powell, a political organizer, won the Democratic primary election in a key Nebraska House district, according to The Associated Press.

She will face Brinker Harding, a Republican city councilman, in the general election, a pivotal contest in a battleground district that comes as Democrats try to recapture control of Congress this fall.

Representative Don Bacon, the Republican incumbent in the district and a frequent critic of President Trump, chose not to run for re-election, setting up a high-profile clash for an open seat in Omaha.

Ms. Powell narrowly triumphed in a competitive Democratic primary that centered on an unusual argument: that electing her chief rival, State Senator John Cavanaugh, could make it easier for Republicans to win the White House in 2028.

The argument stemmed from the way Nebraska allocates its electoral votes in presidential elections. Most states follow a winner-take-all approach, but Nebraska gives just two of its votes to the statewide winner, then gives one to the winner of each of its three congressional districts. In recent elections, the Omaha-area district has typically gone blue in presidential contests and awarded its electoral vote accordingly, even as the two other Nebraska congressional districts typically went to the Republican candidate.

Advertisement

That could make a difference in a close presidential contest.

State Republicans have tried to repeal the so-called blue dot system — named for the blue, liberal dot Omaha represents in a sea of Republican red — but Democrats in the State Legislature have been able to block that effort.

Mr. Cavanaugh’s opponents argued that if he won the House primary and left the State Senate, it would mean one fewer vote to keep the blue dot. Mr. Cavanaugh argued that the system was safe, and that Democrats were likely to be elected in other State Senate seats to compensate for his departure.

The argument may have been enough to help Ms. Powell to victory. A super PAC with ties to Republicans also spent against Mr. Cavanaugh.

Advertisement
Continue Reading

Politics

Trump’s upbeat China message collides with deepening Beijing rivalry

Published

on

Trump’s upbeat China message collides with deepening Beijing rivalry

NEWYou can now listen to Fox News articles!

President Donald Trump opened his high-stakes meeting with Chinese President Xi Jinping by predicting a “fantastic future together” — striking an unusually warm tone as his administration pursues new trade and investment deals with Beijing.

“In fact, the longest relationship of our two countries that any president and president has had,” Trump said at the start of the bilateral meeting Thursday local time. “We’ve had a fantastic relationship. We’ve gotten along.”

“And whenever we had a problem, we worked that out very quickly,” he continued. “We’re going to have a fantastic future together.”

Trump also praised Xi directly, calling him “a great leader” and emphasizing the personal relationship between the two leaders as a foundation for future cooperation.

Advertisement

President Donald Trump opened his high-stakes meeting with Chinese President Xi Jinping by predicting a “fantastic future together.”  (Alex Wong/Getty Images)

TRUMP HEADS TO BEIJING FOR HIGH-STAKES XI TALKS AS TAIWAN TENSIONS, TRADE DISPUTES TEST US STRENGTH

Xi, in his own opening remarks, emphasized cooperation and shared interests between the two countries.

“As leaders of major countries, this year is the 250th anniversary of American independence,” Xi said, according to a translator. “Congratulations to you and to the American people. I always believe that our two countries have more common interests than differences.” 

“Success in one is an opportunity for the other, and a stable bilateral relationship is good for the world,” he continued.

Advertisement

XI JINPING WARNS TRUMP US WOULD ‘LOSE FROM CONFRONTATION’ WITH CHINA AS RENEWED TRADE WAR LOOMS

“China and the United States both stand to gain from cooperation and lose from confrontation. We should be partners, not rivals. We should help each other succeed and prosper together, and find the right way for major countries to get along well with each other in the new era.”

President Donald Trump and Chinese President Xi Jinping attend a bilateral meeting at the Great Hall of the People in Beijing on May 14, 2026, to discuss the Iran conflict, trade imbalances, the Taiwan situation, and to establish new bilateral boards for economic and AI oversight. (Evan Vucci/Reuters)

Xi added that he looked forward to working with Trump “to set the course for and steer the giant ship of China–U.S. relations so as to make 2026 a historic landmark year that opens up a new chapter in China–U.S. relations.”

The comments came as Trump arrived in Beijing accompanied by a delegation of top American executives, underscoring the administration’s focus on economic dealmaking even as broader tensions between the two countries remain unresolved.

Advertisement

INSIDE THE ‘DIGITAL LOCKDOWN’ FOR US OFFICIALS AS TRUMP ARRIVES IN CHINA

“I just want to say, on behalf of all of the great delegation that we have … we have the greatest businessmen,” Trump said. “We ask the top 30 in the world. Every single one of them said yes.”

The delegation includes executives from major U.S. firms spanning aerospace, finance, technology and agriculture, including Apple CEO Tim Cook, BlackRock CEO Larry Fink, Blackstone CEO Stephen Schwarzman, Boeing CEO Kelly Ortberg, Tesla and SpaceX CEO Elon Musk, Goldman Sachs CEO David Solomon and Qualcomm CEO Cristiano Amon.

White House officials said ahead of the trip that Americans should expect the president to “deliver more good deals,” with talks expected to include aerospace, agriculture and energy, as well as continued work on a proposed U.S.-China “Board of Trade” and “Board of Investment.”

The emphasis on dealmaking comes after years of friction between Washington and Beijing over trade, technology and military competition. (Kenny Holston/Pool via Reuters)

Advertisement

A senior administration official said the potential trade framework under discussion could involve “double-digit billion” levels of commerce, along with possible purchase commitments from China in areas such as aircraft and agricultural products.

The emphasis on dealmaking comes after years of friction between Washington and Beijing over trade, technology and military competition.

Trump has imposed sweeping tariffs on Chinese goods — a policy he has continued into his second term — while repeatedly accusing Beijing of unfair trade practices.

He also has criticized past U.S. policy that helped integrate China into the global trading system, arguing Beijing benefited from open markets without offering the same access in return.

But in his opening remarks Thursday, the president emphasized business ties and personal rapport, highlighting what appeared to be an effort to stabilize economic relations between the world’s two largest economies.

Advertisement

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

The comments came as administration officials said trade discussions with China are ongoing, alongside talks on issues including Iran, artificial intelligence and other security matters.

Trump’s praise of Xi is consistent with his longstanding approach of using personal diplomacy with foreign leaders, including rivals, as a negotiating tactic — though whether that approach will translate into concrete agreements with China remains to be seen.

Continue Reading

Politics

Trump marvels at Chinese display of power as summit kicks off

Published

on

Trump marvels at Chinese display of power as summit kicks off

An extraordinary display of power and precision along Tiananmen Square greeted President Trump in Beijing on Thursday, kicking off a two-day summit with particularly high stakes for the Americans.

Trump’s meetings with his Chinese counterpart, Xi Jinping, began at the Great Hall of the People moments after a welcome ceremony that seemed to impress the president, featuring a Chinese military honor guard and a greeting from excited schoolchildren. American flags waved as “The Star Spangled Banner” rang out on a smoggy day in the heart of the capital.

Children holding Chinese and U.S. flags rehearse before the welcome ceremony for President Trump.

(Maxim Shemetov / Associated Press)

Advertisement

Trump reflected on the stakes of his visit at the top of the meeting, telling Xi that the ceremony was an honor “like few I’ve seen before.”

“There are those who say it may be the biggest summit ever,” he said. “I have such respect for China, the job you’ve done.”

Both men struck a conciliatory tone, despite the agenda for the summit featuring some of the thorniest issues facing the two superpowers today, including the U.S. war in Iran, trade relations and the future of Taiwan.

“We’ve gotten along — when there have been difficulties, we’ve worked it out,” Trump added. “We’re going to have a fantastic future together.”

Trump is expected to ask Xi for help reopening the Strait of Hormuz, a vital commercial waterway disrupted by Iran since the start of the war, and for the extension of a truce in the trade war he started at the beginning of his second term.

Advertisement

China, in turn, will ask the Trump administration not to proceed with arms sales to Taiwan, despite their approval by Congress, and for a declaration of opposition to Taiwanese independence. Beijing also seeks access to top-end chips made by American manufacturers.

Chinese President Xi Jinping and President Trump shake hands at the Great Hall of the People.

Chinese President Xi Jinping and President Trump shake hands at the Great Hall of the People.

(Kenny Holston / Associated Press)

The agenda exposes the mutual dependence of the two rival superpowers, marked by distrust but driven by a quest for cooperation and stability.

The welcome ceremony outside the Great Hall kicked off with Xi shaking the hands of Trump’s delegation, including figures such as his political advisor, James Blair, his communications director, Steven Cheung, and his daughter-in-law, Lara Trump.

Advertisement

They were just a few members of a U.S. delegation accompanying Trump filled with curiosities.

Chinese officials were surprised to learn that Pete Hegseth was joining Trump in Beijing this week, marking the first time a president has brought his secretary of Defense on an official state visit. It wasn’t immediately clear to the Chinese what his inclusion was meant to convey.

Eric Trump, the president’s son, is here, seeking to leverage the family name for lucrative business deals as Beijing aggressively campaigns against government corruption at home. And First Lady Melania Trump decided to stay at home, an unusual snub of such a high-level event.

A contingent of U.S. business leaders was given little notice to prepare for the trip, including the chief executive of Nvidia, who raced to join Trump aboard Air Force One at a refueling stop in Alaska.

The diplomatic faux pas follow weeks of Chinese frustration over what they see as the Trump administration’s lack of preparation — a perceived display of incompetence that boosts their confidence heading into the negotiations.

Advertisement

Over the course of the visit, Trump is expected to visit the Temple of Heaven, a monument to imperial China and Confucian thought in the center of Beijing. Ahead of Trump’s arrival, an area roughly the size of 400 American football fields was closed in preparation for a stop here.

On Thursday night, local time, Trump will return to the Great Hall of the People for a banquet dinner. Additional meetings are scheduled for Friday morning before Trump departs midday for home.

Continue Reading
Advertisement

Trending