West Virginia lawmakers OK bills on income tax cut, child care tax credit ...Middle East

CHARLESTON, W.Va. (AP) — Bills aimed to reduce West Virginians’ income tax burden are headed to the desk of Gov. Jim Justice. One would reduce the state personal income tax by 2%. Another would provide a tax credit to help families pay for child care. The Republican governor is expected to sign both proposals. Cuts to the state personal income tax have been a priority for Justice, who is nearing the end of his second term as governor and running for the U.S. Senate. He signed a 21.25% tax cut into effect last year, and the tax is scheduled to drop by another 4% in the new year, per a trigger in the 2023 law that allows for further tax cuts if the state meets higher-than-anticipated revenue

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Last updated : 08 October 2024 clock 11:56 PM

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West Virginia lawmakers OK bills on income tax cut, child care tax credit ...Middle East

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