CHARLESTON, W.Va. (AP) — The West Virginia House of Delegates has passed its version of a bill that would eliminate the state’s personal income tax.
The House passed the bill on a 77-23 vote Monday. It now heads to the Senate.READ MORE: Doctors Say Side Effects Are Not Uncommon With Pfizer And Moderna Vaccines
The House version would reduce state income taxes by $150 million annually until they are eliminated.
The bill does not address other tax increases to balance out the cuts.READ MORE: Experts: BB Guns Are Being Mistaken For Real Firearms, Prompting Police Response
Under the bill, a special fund would be established to tap other state income sources, including lottery proceeds.
Gov. Jim Justice has introduced his version of eliminating the personal income tax that would increase the consumer sales tax rate from 6% to 7.9%.MORE NEWS: Crews On Scene Of Fire At Body Shop In Butler County
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