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West Virginia
Gets Poor Ranking In Latest Study
The American Legislative Exchange Council has issued a new
study, called “Rich
States, Poor States,” that places
West Virginia
low regarding its legal system and tax structure. The study
ranks the Mountain State 40 out of 50. The state’s poor
ranking is due to its corporate income tax being among the
highest in the country, its state personal income tax rate
(6.5 percent) not being competitive with regional rates and
its 49th ranking in terms of taxes beyond property axes, sales
taxes and income taxes. As far as other negative factors,
the study ranks
West Virginia
’s judicial climate as being 50th out of 50 states and notes
that
West Virginia
also is not a Right to Work state.
National Rankings Put W.Va. 50th For Legal Climate
1) A recent issue of Directorship
magazine has an article that highlights the negative aspects
of
West Virginia
’s legal and judicial climate.
The magazine includes a 12-page
guide prepared by the American Justice Partnership that
profiles “the political, legislative and judicial dynamics
that create the current and future liability risks in each
state.” W.Va. ranks 50th.
2) The 2007 State Liability
Systems Ranking Study shows West Virginia is last (50th) in
the nation. The survey was conducted for the U.S. Chamber
Institute for Legal Reform. (Click
to read)
'Tort
Tax' Costing Families $10K A Year
America’s out-of-control legal system
imposes a staggering economic cost of more than $865 billion
every year according to a scholarly study released March 27,
2007. (Click
to read more.)
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