Joe Manchin III on Tax Reform Democratic WV Governor

Don't mess with or increase taxes during a time of turmoil

Raese called the state of the nation's economy "almost catastrophic" and focused heavily on creating a pro-business environment, saying he would push for less regulation and taxation of corporations. He also advocated making tax cuts for people who earn more than $250,000 permanent, arguing it would stimulate investment.

Manchin, however, said he wouldn't "mess with or increase" taxes during a time of turmoil and touted his own ability to cut taxes by $235 million since he took office.

Created a low-income family tax credit

Making A Difference On Taxes
• Created a low-income family tax credit
• Doubled the senior citizen refundable property tax credit
• Eliminated the state privilege tax on automobiles to truly welcome new residents to West Virginia

Reduce food tax, property tax, and poverty-level income tax

We hope to do the following:
• continue responsible reduction of the Food Tax from 6% down to 3%
• create a Low-Income Family Tax Credit that removes disincentive to work by eliminating WV Personal Income Tax on families with incomes below the federal poverty level
• increase the Refundable Property Tax Credit for Seniors
• reduce the Business Franchise & Corporate Net Income Tax rates
• create a Contractors’ Sales Tax Exemption for purchases used directly by Manufacturing Facilities.