CHARLESTON – Delegate Justin Marcum has proposed a tax credit for the middle class. The proposal is aimed at helping the middle class in West Virginia. If passed as considered, anyone making under $75,000.00 a year will get a tax credit equal to a three percent deduction.
The bill is currently being drafted for introduction and Delegate Marcum said he plans to introduce the Bill on the first day of the 2015-2016 Legislature.
Delegate Marcum stated that he was pleased with the attention this legislation is receiving. “I am thrilled to see that we have so many hard working, middle class citizens in West Virginia who support my idea,” stated Marcum. “This tax break is intended to help those who work everyday.” When asked about the condition of the State’s budget, Delegate Marcum held firm that this would be revenue neutral and possibly revenue positive.
“If we give a tax break to the middle class we see more money put back into our economy and thus and overall increase in tax revenue,” said the enthusiastic Delegate. He went on to say “we must focus on bringing jobs to the area and helping the middle class and this is one idea I have to do just that.”
Additionally, Delegate Marcum has worked on tax breaks for companies that locate to southern West Virginia. His Bill to do this was defeated in the Republican-led House of Delegates last session. Marcum said he will continue to fight for this Bill “as it is a simple way to help attract new companies to our area. I cannot understand why my friends on the other side of the aisle would block a tax break bill that will work, one that will bring jobs to southern West Virginia.
Justin Marcum has served two terms in the West Virginia House of Delegates. During his time in the House, Justin has developed a strong reputation of standing up for the middle class. He has a pro-worker voting record and has worked on numerous ideas to bring jobs to southern West Virginia. Justin and his wife Latisha live in Williamson with their two children.