WBOY – This November, Amendment 2 will be on the ballot for voters in West Virginia, and the Harrison County Commission is concerned.
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Amendment 2 would give the state legislature the ability to exempt 27% of tangible personal property taxes for vehicles owned by individuals and businesses used for strictly business purposes. Currently, the West Virginia Constitution grants local governments control over personal property tax funds.
Business interests have praised the amendment, claiming that West Virginia’s current tangible personal property taxes make it harder to attract businesses and that cutting taxes would make the state more competitive.
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