West Virginia Center on Budget & Policy: Income Tax Elimination is a Poor Growth Strategy
ITEP Work in ActionUnfazed by a $600 million looming budget deficit, plans by some lawmakers to reduce or eliminate West Virginia’s state income tax — which would mostly benefit the wealthiest residents — and replace it with a sales tax hike are unlikely to produce the economic growth supporter’s claim. Instead it would dramatically shift tax responsibilities from the wealthy onto low and working class West Virginians and destabilize our state’s revenue system.