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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Seems like a good idea for drawing people there [/quote]
and how will they pay for city services for all those people moving there?[/quote]

City services? [/quote]
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/

[quote]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.[/quote]

Cutting the income tax rate is going to hurt their budget.[/quote]

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