Cuccinelli Announces First Initiative in Race for Governor

Richmond, VA - Attorney General Ken Cuccinelli held a press conference in Richmond Tuesday morning to unveil his first policy initiative.

The announcement came from a Sweet Frog Frozen Yogurt shop. It's what he is calling the official launch to his campaign for governor.

The initiative includes a plan to slash taxes by $1.4 billion and cutting corporate tax rates.

Cuccinelli spoke with ABC 13 Tuesday about his plan.

"We're going to sit down with industry folks to see if there is a way that those economically destructive taxes can be replaced with something else," Cuccinelli said.

Cuccinelli is also targeting the B-POLE Tax, the Machine and Tools Tax, and the Merchant's Capital Tax.

The latest Washington Post poll shows Cuccinelli leading McAuliffe 46% to 41%.