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Report WV personal income tax cut will cripple communities / Public News Service

A new report singles out West Virginia for the state s costly tax cuts enacted this year, and the drastic lost in revenue expected to exacerbate existing budget shortfalls in higher education and other state services. The report from the Center on Budget and Policy Priorities found that beginning in 2025, the Mountain State will collect more than $800 million a year less in personal income tax revenue than it was previously. The Center s Senior Advisor for State Tax Policy, Wesley Tharpe, said the gains from that personal income tax cut are going to flow overwhelmingly to people at the top of the income-tax scale. . ....

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Pandemic relief funds to states under scrutiny

Pandemic relief funds to states under scrutiny
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Replacing income tax with sales tax hike would cost poor Hoosiers more, experts say

INDIANAPOLIS — Axing Indiana’s individual income tax and replacing just half the revenue with a sales tax hike would cost the state’s poorest residents an additional $62 and hand the ....

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Blue and red states slash taxes despite warnings of hard times ahead

Blue and red states slash taxes despite warnings of hard times ahead
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