Creating Economic Freedom Zones Act

Summary

The bill would let the West Virginia Legislature designate up to five "Economic Freedom Zones" in census tracts with high unemployment and poverty. Within each zone, corporate and pass‑through personal income taxes would be cut by 50 percent and state permitting rules would be fast‑tracked or automatically approved. The goal is to boost entrepreneurship and voluntary exchange without giving special treatment to any industry or firm.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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