West Virginia "on a path to eliminating its personal income tax"

[Anonymous]

Anonymous wrote:

Anonymous wrote:I lived in Texas for 14 years, was a homeowner for two. While there's no state income tax, the property taxes are pretty high to make up for it. They don't seem to be suffering.

Unless there's either a hurricane or an ice storm, both of which now seem to hit Texas every year.

Also, TX property values are higher than WV, so you are starting with a higher base. WV has the lowest median home prices by state in the country. You would be squeezing blood out of stone.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems like a good idea for drawing people there

and how will they pay for city services for all those people moving there?

City services?

Oh, yea, they have none.

Income tax is the their biggest source of income. If they kill it, how will the state fund things like schools? They already have an abysmal school funding budget.

https://budget.wv.gov/reportsandcharts/revenuereports/Documents/June%202024%20GENR.pdf

Their budget relies heavily on the fed.

https://wvpolicy.org/fy-2023-west-virginia-budget-recap/

While the [wv] FY 2023 base budget is “flat,” the state’s appropriations from federal sources is anything but. Total appropriations from federal funds and federal block grants in FY 2023 total $9.9 billion, up from $7.4 billion in FY 2022 and $5.8 billion in FY 2021.

And while, fortunately, the state avoided making any costly and ineffective tax cuts during the 2022 legislative session that would have jeopardized the state budget, the state also failed to use these temporary surpluses to make needed investments that benefit all West Virginians and carefully plan for future budget requirements.

Cutting the income tax rate is going to hurt their budget.

[Anonymous]

They've already gutted West Virginia University. It's really a shame. They cut 28 majors. No more foreign language majors and no math graduate degree programs. They also cut the following degree programs: biometric systems engineering, energy environments, public administration, management, resource management, and occupational and environmental health sciences to name a few.

I'll pass.

[Anonymous]

West VA is the most reliant on federal handouts of any state. So many fake disability welfare recipients…it should be the new poster child of what people on welfare look like.

They are paying people $10k to move there because the state is losing population and it’s still not enough.

It’s possible that Harper’s Ferry or othe close in exurbs of DC would benefit from zero income tax but mainly from folks buying a second home and living there 181 days.

[Anonymous]

I've lived in 3 states without income tax. In two of them, property tax ends up being quite high in certain municipalities, but on the bright side you get good schools, roads, and community resources for it.

In the state in which I currently reside, property tax is generally low. Sales tax is extraordinarily high. So what you get is: busted playground equipment in parks, neighborhoods within city limits that are quite urban yet don't have sidewalks, curbs or storm drains, delayed infrastructure projects that occasionally speed up when federal money is available, and really underfunded public schools. The universities are underfunded, too, and with the conference realignments not even revenue sports will be safe from the reality of what happens when you don't properly fund public institutions and resources with income tax.

People who move to a state to avoid income tax don't decide to spend money on things that are for the public good- they spend it on themselves. TX might be an exception to that because it has a significant culture of philanthropy, but most other tax-free places become quite libertarian and selfish.

I grew up on the WV border, and most parts of my state outside the major metro area now look very similar to WV in terms of culture, poverty and a changed job landscape. It's depressing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Seems like a good idea for drawing people there

and how will they pay for city services for all those people moving there?

Probably pull Texas and raise property taxes to the sky.

[Anonymous]

*pull a

[Anonymous]

Anonymous wrote:Just don’t freak out when you regularly encounter Billy Bob and Mee Maw at the grocery store looking at Mountain Dew with a gun strapped to their hip.

Not funny.

[Anonymous]

Anonymous wrote:Just don’t freak out when you regularly encounter Billy Bob and Mee Maw at the grocery store looking at Mountain Dew with a gun strapped to their hip.

Imagine posting “Tyrone and Daquan at the grocery store looking at swisher sweets with a gun in their waste band”

See how it’s racist?

[Anonymous]

Pathetic.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just don’t freak out when you regularly encounter Billy Bob and Mee Maw at the grocery store looking at Mountain Dew with a gun strapped to their hip.

Imagine posting “Tyrone and Daquan at the grocery store looking at swisher sweets with a gun in their waste band”

See how it’s racist?

It's classist, not racist.

[Anonymous]

West Virginia is a third world country. I mean this in the most classist way possible. It’s like taking a plane to Ecuador when I go there to hike.

No respectable DMV person should consider moving there

[Anonymous]

Anonymous wrote:I lived in Texas for 14 years, was a homeowner for two. While there's no state income tax, the property taxes are pretty high to make up for it. They don't seem to be suffering.

My husband’s family lives in Texas- We live in MoCo. we pay $14,500 in property taxes and over $30K in state income taxes. My BIL lives in Austin’s and pays about $18K in property taxes. Our home values are the same.

I would take their bill.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I lived in Texas for 14 years, was a homeowner for two. While there's no state income tax, the property taxes are pretty high to make up for it. They don't seem to be suffering.

My husband’s family lives in Texas- We live in MoCo. we pay $14,500 in property taxes and over $30K in state income taxes. My BIL lives in Austin’s and pays about $18K in property taxes. Our home values are the same.

I would take their bill.

that 18k in property taxes is probably on a 500k house. your 14.5k in property taxes are on a 1.3M house. does that sound right? my property taxes in rockville for a 1.1M house are 12k
in the austin urban core (east of mopac, west of 35, south of koenig and north of oltorf), a 500k house is a shack. anywhere else, you're in a soulless suburb like cedar park. you get what you pay for

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I lived in Texas for 14 years, was a homeowner for two. While there's no state income tax, the property taxes are pretty high to make up for it. They don't seem to be suffering.

My husband’s family lives in Texas- We live in MoCo. we pay $14,500 in property taxes and over $30K in state income taxes. My BIL lives in Austin’s and pays about $18K in property taxes. Our home values are the same.

I would take their bill.

that 18k in property taxes is probably on a 500k house. your 14.5k in property taxes are on a 1.3M house. does that sound right? my property taxes in rockville for a 1.1M house are 12k
in the austin urban core (east of mopac, west of 35, south of koenig and north of oltorf), a 500k house is a shack. anywhere else, you're in a soulless suburb like cedar park. you get what you pay for

+100
You can tell this pp actually lived in Austin and knows what she's talking about while the other pp has never lived there and doesn't know. I lived in Austin for a while North of Ben White Blvd but South of the river and anyone that thinks Texas has low taxes has never lived there.