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West Virginia considers tax cut amid improving state finances
Acting Gov. Earl Ray Tomblin proposed a 26 million tax cut tied to a stronger budget outlook. The plan frees 17.7 million for pension funding, 47 million for a one time teacher and worker pay boost, and 78 million to supplement the budget while avoiding new taxes or entitlements. WV joins a minority of states with stable revenues as the National Conference of State Legislatures notes widespread deficits elsewhere.
MENTIONED IN THIS ARTICLE
Charleston
Earl Ray Tomblin
West Virginia
Tomblin
National Conference of State Legislatures
Nevada
New Jersey
Georgia
Indiana
Kansas
Ohio
Kentucky
National Association of State Budget Officers
GOP
Republican Party
Mike Stuart
Stuart