West Virginia’s focus on fiscal discipline, smaller government, and free-market policies has strengthened the state’s finances and driven major private-sector investment and job growth. With a strong surplus and responsible budgeting, the state is now positioned to return money to taxpayers through a 10% across-the-board income tax cut.
Half of the proposed cut is already funded, and lawmakers are urged to find savings to complete the remaining portion. The tax cut is presented as direct relief for families facing rising costs and as a way to reward work and productivity.
Recent investments totaling billions of dollars and thousands of projected jobs demonstrate that cutting red tape, improving infrastructure, and lowering taxes attract long-term economic growth. As neighboring states move to reduce income taxes, the author argues West Virginia must stay competitive to retain residents and attract new businesses.
The piece concludes that income taxes hinder growth, the state can afford this reduction, and now is the time to act to strengthen West Virginia’s economy and return money to its people.
This information has been summarized, read WV News’ full coverage on the tax cut that puts West Virginians first.