April 11, 2017

Charleston Gazette-Mail: Cutting WV Income Tax Likely to Backfire

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There are nine states with no income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, New Hampshire and Tennessee. Only Texas has seen job growth — as a result of being the center of the oil industry. The others have not; job growth has trailed population growth in the other eight. This is based on a 2013 report from the Institute on Taxation and Economic Policy. But Texas lost a lot of jobs when oil prices were low; now prices are rebounding, but it is significant that new technology is eliminating many job positions. Read more

There are nine states with no income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, New Hampshire and Tennessee. Only Texas has seen job growth — as a result of being the center of the oil industry. The others have not; job growth has trailed population growth in the other eight. This is based on a 2013 report from the Institute on Taxation and Economic Policy. But Texas lost a lot of jobs when oil prices were low; now prices are rebounding, but it is significant that new technology is eliminating many job positions. – See more at: http://www.wvgazettemail.com/gazette-op-ed-commentaries/20170404/betty-l-wiley-cutting-wv-income-tax-likely-to-backfire-gazette#sthash.2tVEZy82.dpuf
There are nine states with no income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, New Hampshire and Tennessee. Only Texas has seen job growth — as a result of being the center of the oil industry. The others have not; job growth has trailed population growth in the other eight. This is based on a 2013 report from the Institute on Taxation and Economic Policy. But Texas lost a lot of jobs when oil prices were low; now prices are rebounding, but it is significant that new technology is eliminating many job positions. – See more at: http://www.wvgazettemail.com/gazette-op-ed-commentaries/20170404/betty-l-wiley-cutting-wv-income-tax-likely-to-backfire-gazette#sthash.2tVEZy82.dpuf

There are nine states with no income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, New Hampshire and Tennessee. Only Texas has seen job growth — as a result of being the center of the oil industry. The others have not; job growth has trailed population growth in the other eight. This is based on a 2013 report from the Institute on Taxation and Economic Policy. But Texas lost a lot of jobs when oil prices were low; now prices are rebounding, but it is significant that new technology is eliminating many job positions.

There are nine states with no income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming, New Hampshire and Tennessee. Only Texas has seen job growth — as a result of being the center of the oil industry. The others have not; job growth has trailed population growth in the other eight. This is based on a 2013 report from the Institute on Taxation and Economic Policy. But Texas lost a lot of jobs when oil prices were low; now prices are rebounding, but it is significant that new technology is eliminating many job positions.


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