Stormwatch

W.Va. tax collections fell

Local - 9/4/2013 8:54 AM by Nadine Grimley
CHARLESTON - State tax collections continued to fall last month, driven mostly by a decrease in personal income tax collections. 

Newly released August revenue reports showed that the state collected $114.6 million in personal income taxes during the moth, which was $4.4 million short of original estimates. 

Deputy Revenue Secretary Mark Muchow said the drop was because of a combination of sluggish personal income and wage growth, and a tax credit program for alternative fuel vehicles. 

Community


Member Submitted