CHARLESTON — Gov. Jim Justice has announced that Revenue Secretary Larry Pack and State Auditor JB McCuskey inked a letter certifying a 4% reduction in West Virginia’s personal income tax. The certification has been filed with the State Tax Division and will take effect January 1, 2025.
The Department of Revenue and State Auditor’s Office collaborated to verify the accuracy of Fiscal Year 2024 tax collections, culminating in the formal agreement. Justice announced the reduction in July after state revenue collections exceeded inflation, as stipulated in House Bill 2526, which he signed in 2023. This marks the second consecutive year West Virginia has reduced its personal income tax rate, moving closer to eliminating it entirely.
“It only makes sense that as West Virginia thrives, our people thrive and deserve a share of that prosperity,” Justice said. “We have so much to be proud of, but there’s more work ahead. While it won’t happen during my time as your governor, our state is on a pathway to eliminating its personal income tax—so, let’s keep the ball rolling in the same direction.
We all know, at the end of the day, getting rid of the personal income tax will bring more goodness and more people to our beautiful state. Keep it up, West Virginia.” “West Virginia continues to shine, and as we foster an environment for economic growth, the hardworking people of this state will share in that success,” Pack added.
“As the state prospers, our citizens .