Justice: W.Va. should continue 'marching towards eliminating' personal income tax.

The article discusses Governor Jim Justice's proposal to continue reducing West Virginia's personal income tax rate. The FY 2024 revenue collections exceeded expectations, triggering a 3% or 4% reduction in the tax rate. The governor aims for an additional 5% cut and plans to use surplus funds to mitigate revenue losses. Despite opposition, Justice plans to pursue further tax reductions, projecting savings exceeding $1 billion during his tenure. The article includes statements from lawmakers and provides details on the calculation of the reduction and its potential impact on state revenue. [Extracted from the article]