West Virginia MetroNews – A House bill to cut the personal income tax by at least $150 million a year until it’s eliminated is on the edge of passage, while Gov. Jim Justice continues to sell a different plan to state and national audiences. Read the full article.
House Bill 3300, anticipated to eliminate the income tax over about a dozen years, is up for a passage vote on Friday.
No one expects that to be anywhere near the final legislative step. The Senate is likely to make changes. And Justice has made clear he prefers something closer to his own plan, which takes a 60 percent cut of the personal income tax right away, making up much of the money through sales tax increases and expansion.