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WV Lawmakers Face Looming Deadline to Pass Tax Reform

April 5th, 2021 by WCBC Radio

It’s a race to the finish line at the State Capitol for three plans to eliminate the West Virginia personal income tax. The latest plan is from the Senate. It would phase out the tax over four years. It raises the sales tax from 6 percent to 8-point-5, and taxes services such as advertising and lawyers. Governor Jim Justice’s plan is also to eliminate the income tax over four years, but raises the sales tax less than the Senate – to just 7-point-9 percent. It would also provide tax rebate checks to low income workers. The governor has taken to the road to promote his plan to West Virginian’s holding a series of town hall meetings across the state. On Friday much of Justice’s regular COVID-19 press briefing was spent pushing the plan…

Justice announced on Friday that he will be hosting a summit Monday with several West Virginia legislators – including leaders of the majority and minority parties in both the West Virginia Senate and the West Virginia House of Delegates, as well as the chairs of the senate and house finance committees – to discuss how to best approach the repeal of the income tax.