Should West Virginia Eliminate the Income Tax?
GOP leaders proposing a tax overhaul that would eliminate West Virginia income tax, while increasing the sales tax and expanding it to services that are currently exempt.
Is this a good idea? Rick Wilson of the American Friends Service Committee calls it “the second-cousin of all bad ideas, because its regressive, it puts more burdens on the working class than the wealthy.”
Laurie Lin says, “It’s not a great idea for West Virginia,” – even if it works in other states. A state with so many border towns may suffer a loss of business, she said.
Meanwhile, host Scott Finn talks about his experience living in Florida, which has no income tax.
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