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West Virginia Cuts Income Tax by 5%

Published 1 week, 1 day ago
Description

West Virginia Governor Patrick Morrisey signs a five percent personal income tax cut, effective mid-June, after initially pushing for a ten percent reduction. The full ten percent cut was deemed unfeasible due to budget constraints. Lawmakers opted for the five percent cut, avoiding a new tax on vapes, and plan to address the remaining five percent later. Morrisey has until Wednesday to act on other passed bills.

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