Blog

March 20, 2013 by WVCBP
Improving Infrastructure Good For West Virginia

Infrastructure is an important aspect of this country that is often taken for granted. Every family, community, and business relies on infrastructure to thrive. It is what connects people and goods across this nation. It can measure the quality of life enjoyed by millions. As the Charleston Gazette reported this morning, the American Society for…

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March 19, 2013 by Sean O'Leary
Jobs Count Special Edition: Jobs (Mis)Count

Each month, we put out our Jobs Count publication, which reports on the state's jobs numbers, using data from the Bureau of Labor Statistics Current Employment Statistics (CES). Each month, the BLS revises the previous month's numbers, but the revisions are typically small, and usually don't change the overall picture. However, at the beginning of each…

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March 14, 2013 by Sean O'Leary
191,000 Workers in WV Would Benefit From a Minimum Wage Increase

A new report from the Economic Policy Institute looks the economic impact of Fair Minimum Wage Act of 2013, which was introduced in Congress in response to President Obama's call to raise the minimum wage made during this year's State of the Union address. The Fair Minimum Wage Act of 2013 would raise the minimum…

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March 6, 2013 by Ted Boettner
Amazon Law Key to FY 2014 Budget

We learned last week from the Associated Press that Governor Tomblin is pushing legislation to require some online retailers with facilities in the state to collect sales taxes. The legislation (HB 2754 & SB 377) is commonly referred to as an  "Amazon law" because in many states, like West Virginia, the online retail giant does…

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March 5, 2013 by Sean O'Leary
Is West Virginia Spending $142 Million More on Medicaid?

One of the biggest items of interest in Governor Tomblin's proposed FY 2014 budget is Medicaid. Base budget appropriations for Medicaid totaled $568 million, an increase of $142 million from FY 2013. This increase in base budget appropriations has created the perception that the state is spending $142 million more on Medicaid than it did…

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February 20, 2013 by Ted Boettner
The Charleston Tax Shift: Is It Worth It?

Today we learned that Charleston Mayor Danny Jones is proposing a tax reform package to pay for upgrades to the Charleston Civic Center. The tax reform package includes both tax reductions and the adoption of a city sales tax. The tax reductions include eliminating the Business and Occupation (B&O) tax on manufacturing and reducing the…

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February 17, 2013 by Ted Boettner
Want to Avoid the Resource Curse? Build a Mineral Permanant Fund

Last week, Pulitzer Prize winning journalist Tina Rosenburg had an op-ed in the New York Times on how countries can avoid the resource curse. While the brunt of the article focused on how unstable countries are vulnerable to building a shared prosperity from their rich natural resources, Rosenburg highlighted Alaska and its permanent fund as…

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February 15, 2013 by Sean O'Leary
FY 2014 Budget Preview

The governor's FY 2014 budget was released this week. We'll have our full analysis of the budget next week, but for now, here's a preview: Revenues are expected to be down, with the General Revenue Fund projected to bring in $4.140 billion, a $9 million decrease from FY 2013. And while the Lottery Fund is…

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