Posts > Legislative Majority Came Around to Lower Tax Cut Because of Proposals to Reduce Spending
October 8, 2024

Legislative Majority Came Around to Lower Tax Cut Because of Proposals to Reduce Spending

West Virginia MetroNews – Lawmakers who wanted more specifics before buying into another income tax cut said they finally heard enough detail to feel confident.

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Others questioned whether the reduced spending to balance out the tax cut will shortchange state programs meant to support childcare and child welfare.

Gov. Jim Justice’s administration on Monday changed a proposal that would shift a proposed personal income tax cut from the 5% that the governor has touted to a 2% tax cut instead. In addition, representatives of the administration broadly described how to trim some government costs to make up for the decrease in state revenue: savings from a bond that’s about to be paid off, plus expectations of fewer costs from the state’s health and human services agencies.

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