West Virginia Governor Jim Justice is seeking the U.S. Senate seat currently held by Senator Joe Manchin, who is retiring.
Gov. Justice recently announced that the state ended its fiscal year with a surplus of $826 million, which will result in a reduction of the state’s personal income tax rate by 3 to 4 percent. This surplus has allowed for significant tax cuts during Gov. Justice’s tenure.
The Governor, who won the state’s GOP primary for the Senate seat in May, will face Democratic opponent Glenn Elliott in the upcoming election in November. This Senate seat is crucial for Republicans seeking to regain control of the Senate in 2025.
In response to Gov. Justice’s tax cut initiatives, the West Virginia Democratic Party has criticized the move as an attempt to gain votes, labeling it as an “attempted bribe.”
During a recent news conference, Gov. Justice expressed pride in the tax cuts achieved under his leadership but emphasized the need for further progress. He aims to continue working towards the elimination of the personal income tax to attract more people to the state and foster economic growth.
Gov. Justice and state legislators have collectively delivered over $1 billion in tax cuts, with plans for additional reductions in the future. The Governor has called for a special legislative session in August to address proposals for a childcare tax credit and explore avenues for completely eliminating the personal income tax.
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