The reduction of workers' comp rates, saving employers $170 million.
  • Legislation to eliminate West Virginia's business franchise tax by 2015.
  • A 100% tax credit on manufacturing inventory that's expected to save manufacturers $22 million a year.
  • A 1-cent reduction in the sales tax on groceries; the tax itself will be eliminated in 2013.
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    Date: August 16, 2012

    Small-business victories during the 2012 legislative session included:

    • The reduction of workers' comp rates, saving employers $170 million.
    • Legislation to eliminate West Virginia's business franchise tax by 2015.
    • A 100% tax credit on manufacturing inventory that's expected to save manufacturers $22 million a year.
    • A 1-cent reduction in the sales tax on groceries; the tax itself will be eliminated in 2013.

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