W.Va. House GOP wants lower taxes, less regulation

By: West Virginia AP
By: West Virginia AP
Courtesy: West Virginia Legislature

Courtesy: West Virginia Legislature

CHARLESTON, W.Va. (AP) -- House Republicans are calling for various types of tax relief in the upcoming legislative session.

The minority party delegates prodded the Democratic leadership to lower taxes during a press conference Tuesday. The Republicans argued a lower tax burden will revive a state that ranks near the bottom in job creation and median household income.

Republican Del. Patrick Lane listed several chances to reduce taxes. He wants to increase the homestead exemption for seniors, reduce the Social Security tax burden and raise the minimum low income tax exemption. He also wants to cut the tax businesses pay on their equipment and inventory. A similar push failed last legislative session.

The Republican ideas come amid a budget shortfall in West Virginia. Lawmakers start their 60-day session Wednesday.

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