West Virginia House passes 2% personal income tax cut bill

CHARLESTON, WV (WOWK) — The West Virginia House of Delegates passed a bill to cut the state’s personal income tax by 2%.

Gov. Jim Justice (R-WV) has been calling for a 5% cut in the state’s personal income tax. The governor on Monday called for the legislature to reduce the tax by 2%, and the State Senate passed that bill the same day.

Democrats worried the 5% cut would lead to financial cuts to critical state programs, but Gov. Justice disagreed and said the state could afford the tax cuts.

“When you give that $100 million back to the people of West Virginia, they’re going to spend it here. And the multiplier effect on that hundred million will turn into ten times, will turn into a billion,” Gov. Justice said last week.

“So, I really think it would be up to the new governor and the new legislature to make a policy decision as grave as this,” State Sen. Mike Woelfel (D-Cabell – Minority Leader) said last week.

The personal income tax in the state has been cut by 25% over the past two years.

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