West Virginia News – In his second State of the State address, Gov. Patrick Morrisey this week announced his intention to push lawmakers to pass another 10% reduction in the state’s personal income tax, which would bring the total reduction since 2023 to 37.25%.
Read the full article.
While proponents of these cuts say they will attract more people to West Virginia, economic policy experts say the cuts are concerning, especially as the state’s economy did not grow enough last year to warrant a tax rollback as set out in a state law enacted in 2023.
“The trigger was put in place to make sure that we’re ratcheting it down responsibly, and not going beyond what economic growth is happening,” said West Virginia Center on Budget & Policy Senior Analyst Sean O’Leary. “The past few years shows that the economic growth is not happening that’s supposed to happen to offset these cuts.”