West Virginia New Business Tax Amendment (2010)
|Not on Ballot|
| This measure did not or |
will not appear on a ballot
The tax cuts were proposed by Gov. Joe Manchin. Mark Muchow, state Deputy Secretary of Revenue, said, "There’s a very strong correlation between economic growth and the lack of taxes on business capital formation. The idea is to generate additional economic growth over time in West Virginia, which will produce additional tax revenues."
Path to the ballot
On February 17, 2010 the House approved the proposed measure 95-1. However, it was not approved by the Senate and therefore did not appear on the November 2, 2010 ballot. Had both houses approved the measure, voter approval would have been the first step in implementing the proposed legislation. Lawmakers would have to draft legislation detailing specifically what the cuts would include.
- ↑ 1.0 1.1 The State Journal,"W.Va. Out of Step with States in Equipment Taxes," February 18, 2010
- ↑ West Virginia Public Broadcasting,"Constitutional amendment on fast track in the House," February 15, 2010
- ↑ 3.0 3.1 Herald-Dispatch,"Biz tax break measure falls," March 14, 2010
- ↑ Associated Press,"W.Va. House approves property tax break proposal," February 17, 2010
State of West Virginia
|State executive officers||
Governor | Lieutenant Governor | Attorney General | Secretary of State | Treasurer | State Auditor | Superintendent of Schools | Commissioner of Insurance | Commissioner of Agriculture | Director of Natural Resources | Commissioner of Labor | Chairman of Public Service Commission |