Tax and Budget

April 8, 2021 by Sean O'Leary
Latest Senate Income Tax Elimination Bill Still Cuts Taxes for the Wealthy While Raising Taxes for Everyone Else and Slashing the Budget

Last night, on a narrow 18-16 vote, the Senate passed an amended version of HB 3300, making significant changes to the version of the bill that the Senate Finance Committee had introduced just days before. The amended bill was voted on mere hours after being introduced, and was passed without a full fiscal analysis. With…

Read More
April 8, 2021 by Sean O'Leary
WV Income Tax Repeal: What’s next?

WOWK - The West Virginia legislature has until Sunday to jointly come to an agreement on whether the state will eliminate its personal income tax. Watch the full segment. Local policy analysts are concerned about what may be in, or left out of a bill with only three days left to debate it. In a…

Read More
April 8, 2021 by Renee Alves
WVa Income Tax Cut Plan Advances to House of Delegates

Associated Press, US News, Martinsville Bulletin - West Virginia Republicans’ attempt to cut the state income tax took a key step forward after the state Senate narrowly approved a measure on Wednesday night. Read the full article. But its fate remains uncertain in the House of Delegates, despite a Republican supermajority. More conservative lawmakers have…

Read More
April 7, 2021 by Sean O'Leary
Some Lawmakers Want to Change How West Virginia’s Natural Resources are Taxed — but it Would End Up Costing Local Governments

Mountain State Spotlight, Beckley Register-Herald - Two bills to change how West Virginia’s natural resources are valued for property tax purposes are moving through the Legislature. Proponents say the measures — which would probably lower  the taxes companies pay — are necessary to address statutory and constitutional requirements. But it could also reduce the tax…

Read More
April 7, 2021 by Sean O'Leary
WEDNESDAY: Republicans are So Close, They can Smell Those Income Tax Cuts

Beckley Register-Herald - Don’t let anyone tell you that the window of opportunity is closing on the West Virginia Legislature to pass on a major effort to eliminate the state’s personal income tax and blow a $2.1 billion hole in annual revenue collections. Read the full article. While House Speaker Roger Hanshaw said Tuesday he…

Read More
April 6, 2021 by Kelly Allen
Non-profit, Non-partisan Group Reacts to Latest Income Tax Proposal

WSAZ - The executive director of the West Virginia Center on Budget and Policy says the latest version of Gov. Jim Justice’s plan to repeal the state income tax is “pretty similar to his original proposal.” Read the full article. The “Justice 4 All” version of the plan was announced Monday evening at a meeting with…

Read More
April 5, 2021 by Kelly Allen
The Background on All Three WV State Income Tax Repeal Bills

WOWK - Governor Jim Justice began the discussion when he had a bill introduced that would phase out the state income tax over four years, but it would raise the consumer sales from 6 percent to 7.9 percent. Read the full article. The State Senate also put forth a similar bill to phase out the…

Read More
April 3, 2021 by WVCBP
West Virginia Governor Jim Justice Calls for Tax Reform Summit

The Intelligencer: Wheeling News-Register - Gov. Jim Justice on Friday called for a “summit meeting” with House and Senate members of both parties on the proposals to eliminate the state income tax. Read the full article. The summit would be held noon Monday at the Cultural Center, Justice said during his coronavirus update Friday morning. It would…

Read More
April 2, 2021 by Kelly Allen
State Community Organizations Ask for Rejection of Any Current Tax Plans

West Virginia MetroNews - As the 2021 West Virginia regular legislative session heads into its final week, dozens of citizens stood outside the state Capitol in brisk weather Friday to protest how tax and budget proposals could affect people’s lives. Read the full article. State community organizations, including the West Virginia Center on Budget &…

Read More