October 23, 2024
Tax

State officials certify 4% income tax reduction in West Virginia


West Virginia has certified a 4% reduction in personal income taxes that will take effect next year, officials said.

State Revenue Secretary Larry pack and State Auditor JB McCusky signed off on the reduction before filing it with the State Tax Division, according to an announcement from the Office of Governor.

The reduction was previously announced in July with the implementation being stipulated upon the state revenue exceeding inflation. Gov. Justice previously stated that his intention was to eliminate the personal income tax in the state.

“It only makes sense that as West Virginia thrives, our people thrive and deserve a share of that prosperity,” Gov. Justice said in a statement. “We have so much to be proud of, but there’s more work ahead.”

The income tax cut will take effect on Jan. 1, 2025.



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