Posts > Senate Passes a 21 Percent Income Tax Cut with More Reductions Possible in the Future
February 26, 2023

Senate Passes a 21 Percent Income Tax Cut with More Reductions Possible in the Future

West Virginia MetroNews – Senators introduced and passed a compromise version of a tax cut bill, spotlighted by a personal income tax cut of a little more than 21 percent.

Read the full article.

The Senate Finance Committee introduced the concept and approved the bill at a Saturday afternoon committee meeting that lasted only a few minutes. There was no discussion of an overall revenue impact, although a statement by the governor characterized it as $750 million.

Later in the afternoon, the full Senate suspended constitutional rules requiring bills to be read three consecutive days and voted overwhelmingly, 32-1, to pass the tax bill. The only vote against the bill was by Senator Mike Caputo, D-Marion. Again, there was hardly any discussion except for a basic explanation of how the tax cut would work.

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