The amount deducted from your paycheck for taxes in West Virginia ranges from 3% to 6.5%. The proportion varies according to your level of income, with lower income earners paying a lower percentage and higher income earners paying a higher percentage. The state income tax in West Virginia also has a range from 3% to 6.5%, with the highest tax rate being imposed on individuals making over $60,000 a year.
Food taxes were last imposed in West Virginia in 2013. As a result, food items like bottled water are tax-free in West Virginia. However, the 6% state sales tax is still applied to prepared items, such as those that are bought in restaurants or convenience stores. In Virginia, there is a 5.3% restaurant meal tax. The state’s 4.3% sales tax is in addition to this tax. As a result, Virginia’s overall restaurant food tax is 9.6%.
It is crucial to take into account a number of aspects when comparing the cost of living in West Virginia and Virginia. While West Virginia may have certain locations with a greater cost of living than Virginia, Virginia overall has a higher cost of living. The overall cost of living may be affected by the fact that West Virginia has a lower state income tax rate than Virginia.
In conclusion, West Virginia taxes are deducted from your paycheck in increments of 3% to 6.5%, with higher percentages being paid by people with higher incomes. Food, including bottled water, is not subject to sales tax in West Virginia, however prepared foods purchased at eateries or convenience stores are. Food from restaurants is subject to a 5.3% tax in Virginia, making the overall tax on food from restaurants 9.6%. While West Virginia may have certain locations with a greater cost of living than Virginia, overall, Virginia has a higher cost of living.