Governor Patrick Morrisey Unveils Plan to Eliminate West Virginia State Income Tax Through AI Data Center Revenue
Governor Patrick Morrisey of West Virginia has introduced a seven-point plan, developed in collaboration with state lawmakers, aimed at reducing and eventually eliminating the state's personal income tax. This initiative is primarily funded by revenue generated from approved hyperscale data center projects, particularly those supporting the artificial intelligence boom. Under the plan, 50% of the revenue from these data centers will be dedicated to directly reducing and ultimately eliminating the state income tax. The remaining revenue will be allocated, with 30% going to counties hosting data centers for schools and local government, 10% distributed to all 55 counties, and another 10% earmarked for infrastructure upgrades, including public water systems. Morrisey emphasized that all West Virginians must directly benefit from this data center revenue, ensuring that none of the High Impact Data Center Designation (HIDC) revenue enters the state's general fund. This strategy positions West Virginia to attrac...