West Virginia Trims Income Taxes 5%, Conforms With Trump Tax Law

West Virginia Gov. Patrick Morrisey (R) signed legislation to lower personal income taxes by 5% and match tax breaks in the federal tax law championed last year by President Donald Trump.

The state can afford to issue the $230 million in annual tax relief thanks to “the fiscally responsible policies of the Morrisey administration,” the governor said in a press release Tuesday. Morrisey leaned on surplus revenue from the current budget year to fund the tax cut across income levels.

“By securing this five percent income tax cut, we are returning money to the people who earned it and ensuring ...