West Virginia Watch, News from the States, West Virginia Daily News – With days to go before an election that will likely send him to the U.S. Senate, Gov. Jim Justice on Thursday celebrated signing a bill that cuts the state’s income tax.
Read the full article.
Senate Bill 2033, which lawmakers passed during a special legislative session earlier this fall, reduces the state’s personal income tax rate by 2%. It will mean a decrease in state revenue of about $46 million.
“What could we do in the state of West Virginia that would drive more growth to West Virginia than cut our personal income tax,” Justice said. “What could we possibly do? And if anybody says there’s something that could drive more growth to West Virginia than that, you’re out of your mind.”
