Personal Taxes

The West Virginia revenue tax waiver debate continues

CHARLESTON, WV (WOWK) – West Virginia Governor Jim Justice held a virtual town hall Monday afternoon to discuss his proposal to lift the state income tax.

Governor Justice proposes removing West Virginia income tax

The governor says it’s best for the state, but critics say they don’t know how West Virginia will make up half of the state budget.

“Well, I’ve sketched it out a couple of times and everything. We need our natural resource partners to help a little. We probably only need to go up one and a half percent to maybe 1.9 percent on our sales tax, ”Governor Justice said when asked if other taxes will go up.

But critics say this idea won’t work. “West Virgins would actually see their taxes go up if you add a sales tax or if you add an increase in certain professional services. Most West Virgins will not see a tax break, but a tax increase,” said Delegate Mike Pushkin (D) – Kanawha.

And it has sparked some controversy on social media. One person said, “Who would have a problem with lower taxes?” Another person wrote: “This disproportionately favors the rich and harms the working class and the poor. It failed miserably in Kansas, and here it will be a disaster. ”

IWVP: What should happen to the state income tax?

Sean O’leary, senior policy analyst at the West Virginia Center for Budget and Policy, also has concerns. He says, “For most people, you would ask them to pay more taxes and get fewer services in return. And that just doesn’t seem like the direction West Virginia should be headed. “

The governor says the income tax waiver will attract new residents to the mountain state and make up for lost revenue. “And the end result draws people here. You know that’s the secret. That’s the secret of the whole thing. “

O’leary added that there were still a lot of details in the proposal, but the Budget and Policy Center would help you with that. “Once we have an invoice we can do an analysis of you that breaks it down, you know if this is your income, this is exactly what you can expect.”

When the question was forwarded to Twitter, it’s a close vote:

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