NFIB/West Virginia Legislative Victories
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.