WCHS, News Break – The largest income tax cut in state history is now headed to West Virginia Gov. Jim Justice for his consideration after it passed the House of Delegates, but a nonprofit group is questioning whether the state can foot the bill for these tax cuts.
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House members OK’d the tax cuts Saturday after Senate suggestions. The West Virginia Center for Budget and Policy is questioning whether the state can afford the measure.
“The surpluses that we’re experiencing right now in West Virginia are based on temporary factors like federal COVID relief, inflation, and high energy prices which are really volatile,” Kelly Allen, executive director of the West Virginia Center for Budget and Policy, said. “The other piece of our surplus is essentially four years of underfunding public services.”
