Charleston Gazette-Mail – More tax cuts could be on the horizon for West Virginians, if Gov. Patrick Morrisey gets his way. While delivering his second State of the State address on Wednesday, Morrisey asked both houses of the Legislature to pass a 10% reduction to the state’s personal income tax.
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Tax cuts and surplus funds
Citing what he described as “West Virginia enjoying a $128 million surplus” throughout the first six months of the current fiscal year, Morrisey told lawmakers, “We can afford this tax cut.” The $128 million comes as the result of the state’s general revenue collection being 5% above estimate during the first six months of fiscal year 2026. However, what Morrisey calls a “surplus” is not universally recognized as such.
