Gov. Justice announced that an additional 4% reduction in personal income tax rates will take effect on January 1, 2025.
The reduction was triggered after the state's revenue collections surpassed the rate of inflation, as stipulated in House Bill 2526, which the Governor signed in 2023.
This trigger puts the state on a path to eliminating its personal income tax.
"This is another huge achievement for West Virginia," Gov. Justice said. "We've worked hard to make sure our state's economic growth translates to real benefits for our citizens. Nothing will drive population, opportunity, and economic growth in West Virginia like eliminating our personal income tax. Today's announcement should absolutely be celebrated, but I know that we can achieve even more by continuing to reduce income taxes. We need to continue marching towards zero income taxes in West Virginia. I'll only be your governor for a few more months, but I'll always continue to do everything in my power to help this state and our people. At the end of the day, the amazing surpluses we've seen are great, but that money belongs to the people. They deserve to see it in their pockets, and the best way to maximize these surpluses is reducing the personal income tax."
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