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Justice holds ceremonial bill signing for 2 percent personal income tax cut

By Steven Allen Adams, The Weirton Daily Times

CHARLESTON, W.Va. — In what could be his last major piece of legislation, Gov. Jim Justice signed the bill cutting personal income tax rates by 2 percent, bringing the total number of tax cuts and eliminations since taking office in 2017 to more than $1 billion.

Justice – joined by Senate President Craig Blair, R-Berkeley, and several lawmakers – signed Senate Bill 2033 Thursday afternoon outside of the west entrance to the State Capitol Building on an unseasonably warm and breezy fall day.

“It is another remarkable day in this unbelievable state,” Justice said. “Just look around. I mean, for crying out loud. If you can’t see the beauty and you can’t see God’s miracles, you’re just not looking.”

SB 2033 cuts personal income tax rates by 2 percent effective this coming January, returning approximately $46 million to taxpayers when fully implemented. Justice originally proposed a 5 percent personal income tax cut, but the governor and lawmakers compromised on 2 percent during a special session earlier in October.

The 2 percent cut joins a 4 percent personal income tax cut also going into effect in two months, returning an additional $92 million to taxpayers. Justice and lawmakers also passed a tax reform package in 2023 that cut the personal income tax by 21.25 percent, returning $488 million to taxpayers.

Read more: https://www.weirtondailytimes.com/news/local-news/2024/11/justice-holds-ceremonial-bill-signing-for-2-percent-personal-income-tax-cut/

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