WQBE News

Gov Justice wants decrease in income tax with part of surplus

West Virginia Gov. Jim Justice says state revenue collections appear to have hit a benchmark for triggering an income tax cut. West Virginia Gov. Jim Justice said Monday that state revenue collections appeared to hit a benchmark at the end of the fiscal year that could trigger an additional reduction in the state income tax, and he plans to call lawmakers back to address further cuts as well as a child care proposal that previously failed. Justice, who signed a 21.25% income tax reduction last year, said during a ceremony at the state Culture Center that West Virginia finished the 2024 fiscal year $826 million above estimates, which could mean an additional 3 to 4% income tax reduction starting next January after final tabulations are made.

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