West Virginia Tax Revenue Surges | Charleston News

West Virginia’s finances are looking strong, thanks to a surprise surge in personal income tax collections—up 12% year-over-year and $46 million ahead of projections for the first two months. With payroll withholdings rising 4-5%, officials credit higher wages, though a looming 5% PIT cut could slow growth soon. Corporate taxes lag, blamed on tax breaks, while sales and severance taxes hit targets. Amid national economic headwinds, the state watches closely as these trends unfold. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a063456425726f30