Amid looming budget gaps and Governor Morrisey's call for additional personal income tax cuts, tax cuts for the natural gas industry are moving through the West Virginia Legislature. SB 706 would cut the state's severance tax on natural gas from 5 percent to 3.25 percent for newly drilled wells. The reduced rate would be in…
Tax and Budget
Yahoo News - Gov. Patrick Morrisey told residents in Bridgeport to go to bat for him against the state legislature over his proposed state income tax cuts. Read the full article. “If we don’t keep pace in terms of the income tax rates compared to other states, we’re not going to be well positioned for…
West Virginia Public Broadcasting - Gov. Patrick Morrisey encouraged attendees at an event in Bridgeport Tuesday to reach out to their legislators and support a tax cut. Read the full article. In front of what Morrisey estimated were a couple hundred people at the Meadowbrook Mall, Morrisey explained why he believes personal income tax cuts…
West Virginia Public Broadcasting - In his State Of The State address last month and again a few days ago, Gov. Patrick Morrisey made a case for a 10% cut in state income taxes. He proposed a 5% cut in his budget, and has challenged lawmakers to find another 5% to cut. Listen to the full segment. It’s…
WRNR - Listen to this recent segment where Kelly discusses West Virginia's budget landscape and Governor Morrisey's personal income tax cut proposal.
WBOY - Governor Patrick Morrisey is calling for lawmakers to work with him to create a 10% income tax cut for taxpayers in the state, but some are questioning whether such an income tax cut is really possible. Read the full article. A press release from Governor Morrisey’s office, released on Tuesday, included the following statement: “The…
West Virginia Public Broadcasting - On this West Virginia Morning, Gov. Patrick Morrisey has made his case for a 10% state income tax cut – but not everyone is convinced that’s the way to go. Assistant News Director Maria Young spoke with Kelly Allen, executive director of the West Virginia Center on Budget and Policy, to…
Mountain State Spotlight - Despite promises such facilities would provide a significant economic boost, data centers that locate in West Virginia could avoid paying any state taxes, under a proposal making its way through the Legislature. Read the full article. The tax credit under consideration would apply to warehouses and factories, but has raised concerns…
Medicaid is an incredibly important program in West Virginia, providing health coverage to nearly 500,000 residents, supporting tens of thousands of health care jobs, and keeping the doors of hospitals and health care providers open all over the state. Major changes are coming to the program as a result of Congress’ passage of HR 1…
Mountain State Spotlight, Charleston Gazette-Mail - Last week, Gov. Patrick Morrisey called on the Legislature to take him up on the 10% tax cut he promised West Virginians during his State of the State Address. Read the full article. “Income taxes have been the bane of existence for many, many states,” Morrisey said. “Part of…