The Center Square – West Virginia’s Senate passed an income tax cut compromise over the weekend that will now head to the House of Delegates.
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Gov. Jim Justice termed the 21% income tax cut as a compromise that returns $750 to taxpayers with a car tax rebate, 50% property tax rebate on machinery and inventory for small businesses and veteran tax credits.
“It also puts us on a pathway toward the complete elimination of our personal income tax,” Justice said. “It’s a win-win for all West Virginians and I couldn’t be more pleased with the outcome.”
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