Charleston Gazette-Mail - Some of West Virginia’s political leaders want to abolish the state income tax. One has even said doing so would help bring 400,000 new people to live in West Virginia. Read the full article. If memory serves, some of the same people predicted that abolishing the state’s prevailing wage for workers on public…
Tax and Budget
WV News - In the midst of a pandemic and an economic recession, politicians in a number of states, including West Virginia, are looking at cutting income taxes this session, panelists in a discussion hosted by the West Virginia Center on Budget & Policy said Thursday. Read the full article. “It’s inexplicable to us. It’s almost…
West Virginia MetroNews - West Virginia’s top elected officials are aiming at phasing out the state income tax, but doing so would be a major lift. Read the full article. The personal income tax represents 43 percent of the General Fund, or $1.97 billion of the base budget this fiscal year. In other words, it…
Charleston Gazette-Mail - I have a sneaking suspicion that the 2021 legislative session will be known as the session where bad ideas came to roost. Read the full article. The worst of those ideas already has resurfaced: Phasing out the state personal income tax. As a panel of budget and policy experts assembled by the…
Charleston Gazette-Mail - In the midst of a pandemic and an economic recession, politicians in a number of states, including West Virginia, are looking at cutting income taxes this session, panelists in a discussion hosted by the West Virginia Center on Budget & Policy said Thursday. Read the full article. “It’s inexplicable to us. It’s…
Last week's blog post explored how eliminating the income tax in West Virginia would overwhelmingly benefit the wealthy, and that replacing just half the revenue lost with an increased sales tax would result in a substantial tax shift, with low- and middle-income West Virginians seeing a tax increase in order to pay for a tax…
Introduction Because county governments must ultimately pay the costs associated with keeping people behind bars in their local jails, the explosion of county jail incarceration is driving enormous and growing pressure on county budgets. County spending on jails is rising, and the amount billed to counties by the Regional Jail Authority is rising even more…
West Virginia's Governor Justice and top lawmakers have expressed support for eliminating or reducing the state's income tax during the upcoming legislative session. The personal income tax is the state’s largest source of tax revenue, providing the state with $1.95 billion in FY 2020, which accounts for 43 percent of the state's general revenue fund.…
Statewide enrollment in West Virginia's public schools fell by 9,300 students this past year, as states across the country are seeing declining school enrollment due to the COVID-19 pandemic. Declining enrollment could mean budget cuts for school districts, even as schools struggle with the extra costs of improving remote learning offerings and adopting safety procedures…
For Immediate Release: December 15, 2020Contact: Renee Alves, 559-916-5939 Charleston, WV - With West Virginia still feeling the impacts of the COVID-19 pandemic recession, the state’s leaders face difficult choices in the upcoming legislative session. The choices legislators make will help determine whether or not the state will have a swift and equitable recovery with an economy…