Monday, June 30, 2008
West Virginia's Food Tax Drops One Percent.
West Virginia’s state sales tax on food is now three percent. Yhe one percent decrease went into effect today.
It’s the last reduction in a process lawmakers approved in 2005, when the state food tax was six percent.
The final cut is expected to save West Virginia taxpayers about $ 25 million next year.
West Virginia’s food tax remains higher than Virginia’s 2.5 percent. Other surrounding states Kentucky , Maryland, Ohio and Pennsylvania don’t have a food tax.
It’s the last reduction in a process lawmakers approved in 2005, when the state food tax was six percent.
The final cut is expected to save West Virginia taxpayers about $ 25 million next year.
West Virginia’s food tax remains higher than Virginia’s 2.5 percent. Other surrounding states Kentucky , Maryland, Ohio and Pennsylvania don’t have a food tax.