WV Center on Budget and Policy > Publications > Tax and Budget > State Budget > Income Tax Cuts and Shifting to Sales Tax a Poor Strategy for Growing West Virginia’s Economy

Income Tax Cuts and Shifting to Sales Tax a Poor Strategy for Growing West Virginia’s Economy

February 15, 2017 by

This West Virginia Center on Budget and Policy Issue Brief, Income Tax Cuts and Shifting to Sales Tax a Poor Strategy for Growing West Virginia’s Economy, released today details the impact of an elimination of the state’s income tax and outlines a tax reform strategy based on ability to pay. Read the full report.

Reducing or eliminating West Virginia state’s income tax would mostly benefit the wealthy, likely fail to produce anticipated economic growth, and would destabilize our state’s revenue system.