WV Center on Budget and Policy > Publications > Tax and Budget > Property Taxes > Eliminating Business Personal Property Tax Would Hurt Education Funding

Eliminating Business Personal Property Tax Would Hurt Education Funding

October 22, 2010 by and

In 2010, the West Virginia House of Delegates and the WV Tax Modernization Working Group endorsed allowing counties to exempt business personal property from property tax rolls.  A recent analysis by the West Virginia Center on Budget and Policy shows that such an exemption would reduce much-needed funding of our education system, put a financial strain on our county and city governments and could lead to a tax shift to homeowners and other in-state businesses. Read