West Virginia Democrats have proposed a sales tax cut.
Currently, the state’s sales tax is six percent of a purchase. Legislative Democrats proposed lowering the tax to 4.75 to start out and possibly lower if finances in the Mountain State maintain.
The current six percent is relatively similar to surrounding states but the reduction that Democrats proposed would give W.Va. the lowest sales tax in the region.
Democratic leadership calculated the cut would be a $312 million effect to the state’s general fund.
Republicans argue the sales tax cut would hurt tourism revenue collections.
The legislative majority counter the minority’s plan with cutting income taxes and personal property taxes.