FOR IMMEDIATE RELEASE
Friday, January 27, 2023
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Gov. Justice to hold town halls across West Virginia next week
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CHARLESTON, WV – Gov. Jim Justice and Secretary of Revenue Dave Hardy will hold town hall events next week to discuss the Governor's proposal to reduce the state’s personal income tax by 50%.
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CLARKSBURG
WHEN: Monday, January 30, 2023, at 12:00 p.m.
WHERE: Bridgeport Conference Center
300 Conference Center Way, Bridgeport, WV 26330
Live stream: https://youtu.be/5DzmxPsAyuk
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MARTINSBURG
WHEN: Tuesday, January 31, 2023, at 12:00 p.m.
WHERE: Berkeley County Clerk's Office - Old Courtroom
100 W King St, Martinsburg, WV 25401
Live stream: https://youtu.be/SM_HYK9I3qg
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ABOUT THE GOVERNOR’S PROPOSED TAX CUT
The Governor’s proposal includes a 50% personal income tax reduction over three years while setting aside $700 million to establish a Personal Income Tax Reserve Fund that almost equals our current Rainy Day Fund. This insurance policy protects against any shortfalls as we go forward.
The phase-out begins with a 30% reduction in January 2023, and another 10% reduction in the following two years.
On Jan. 18, the West Virginia House of Delegates voted bipartisanly to pass the proposal 95-2.
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