WV food sales tax to be eliminated July 1 - Beckley, Bluefield & Lewisburg News, Weather, Sports

WV food sales tax to be eliminated July 1

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • Woman suffers minor injuries after car rolls on I-77 in Raleigh County

    Woman suffers minor injuries after car rolls on I-77 in Raleigh County

    Wednesday, July 30 2014 10:13 PM EDT2014-07-31 02:13:55 GMT
    Car rolled multiple times on I-77 North in Raleigh County.Car rolled multiple times on I-77 North in Raleigh County.
    In Raleigh County, a woman is miraculously not seriously injured, after her car rolls over on I-77 around 6:30 Wednesday night.An eyewitness tells us the woman was driving in the left lane on the northbound side. She suddenly veered off the road, over corrected,then slammed into the side of a tractor trailer. The car rolled multiple times before coming to a stop on it's roof.The witness says two small dogs ran out of the car. Moments later, the woman crawled out and ran after one of the dogs....
    In Raleigh County, a woman is miraculously not seriously injured, after her car rolls over on I-77 around 6:30 Wednesday night.An eyewitness tells us the woman was driving in the left lane on the northbound side. She suddenly veered off the road, over corrected,then slammed into the side of a tractor trailer. The car rolled multiple times before coming to a stop on it's roof.The witness says two small dogs ran out of the car. Moments later, the woman crawled out and ran after one of the dogs....
  • UPDATE: Suspect in custody in connection with Montcalm shooting

    UPDATE: Suspect in custody in connection with Montcalm shooting

    Thursday, July 31 2014 7:16 PM EDT2014-07-31 23:16:53 GMT
     Emotions were high in Montcalm on Thursday following a shooting. Neighbors were not surprised to hear of the shooting in their area, because they say, violence is unfortunately all too common in their neighborhood.
    Emotions were high in Montcalm on Thursday following a shooting. Neighbors were not surprised to hear of the shooting in their area, because they say, violence is unfortunately all too common in their neighborhood.
  • Environmentalists talk about Mountain Top Removal as Coal Miners Protest in Pittsburgh

    Environmentalists talk about Mountain Top Removal as Coal Miners Protest in Pittsburgh

    Thursday, July 31 2014 6:59 PM EDT2014-07-31 22:59:03 GMT
    As hundreds of coal miners protest in Pittsburgh over the hearing on E-P-A regulations, 59News talks to an Environmental group to get both sides of the controversy."Coal River Mountain Watch" is a non-profit organization organization, out of Whitesville, Raleigh County.The organizations mission is to stop the destruction of our communities and environment by mountain top removal mining, to improve the quality of life in our area and to help rebuild sustainable communities.Mike Roselle a membe...
    As hundreds of coal miners protest in Pittsburgh over the hearing on E-P-A regulations, 59News talks to an Environmental group to get both sides of the controversy."Coal River Mountain Watch" is a non-profit organization organization, out of Whitesville, Raleigh County.The organizations mission is to stop the destruction of our communities and environment by mountain top removal mining, to improve the quality of life in our area and to help rebuild sustainable communities.Mike Roselle a membe...

Come Monday, grocery store customers won't have to worry about paying an additional food sales tax.

That's because the tax will be eliminated effective July 1, Gov. Earl Ray Tomblin said in a news release.

"For too long West Virginians have been burdened by a regressive tax on one of life's basic necessities," Tomblin said. "The elimination of the food tax allows families to keep more of their hard-earned money."

On July 1, families will have saved $162 million a year since the beginning of the phase-out. The average family of four will save $52 a year due to the last one percent tax rate reduction.

"Many hard-working West Virginians live within a budget, and in order to eliminate the food tax, West Virginia had to do the same. In balancing our own budget, the Rainy Day Fund reached 12.5 percent of the General Revenue Fund at the end of December 2012. By meeting this goal, we can take the final step to eliminate the food tax,"  Tomblin said.

During his time as Senate President, Tomblin and then-Gov. Manchin initiated the phase-out of the 6 percent food tax in 2005. The food tax has been steadily reduced, hitting 3 percent in 2008 and 1 percent last year. In 2011, Gov. Tomblin signed legislation that established a plan to eliminate the food tax by July 1, 2013.

"The elimination of the food tax is part of a larger effort to make the tax system fairer, efficient and balanced for both families and businesses," Acting State Tax Commissioner Mark Matkovich said. "Gov. Tomblin's actions have leveled the playing field for businesses in our border counties and given them a competitive advantage among our neighboring states."

The phase-out eliminates the sales and use tax on the purchase of food and food ingredients. The elimination does not apply to the purchase of prepared food, vending machine food or soft drinks.

For more information on the elimination of the food tax visit www.wvtax.gov.