Associated Press, West Virginia News, WBOY, Times West Virginian, - West Virginia’s Republican Senate leaders have answered the call to dramatically slash the state personal income tax by voting to shave 15% off the rate, returning about $600 million to residents. The amount is more than half the state’s budget surplus. Read the full article.…
Tax and Budget
West Virginia MetroNews - As West Virginia’s regular legislative session reaches its halfway point this coming week, it’s clear there’s still a big gap on Gov. Jim Justice’s top priority, a 50 percent personal income tax reduction over three years. Read the full article. The governor has continued to barnstorm the state to promote the…
West Virginia News, Weirton Daily Times - West Virginia is sitting on hundreds of millions of dollars in excess tax revenue and federal COVID-19 relief dollars that lawmakers must consider what to do with. Members of the public are also weighing in on where that money should go. Read the full article. According to the…
West Virginia MetroNews - Gov. Jim Justice submitted a bill meant to transfer $678 million in federal American Rescue Plan dollars to state development funds. Not everybody thinks that’s a great idea. Read the full article. House Bill 2883 calls for $500 million to be transferred to the state Economic Development Authority, a $177 million transfer to the state…
West Virginia MetroNews - Representatives of WVU and Marshall made budget presentations before the state Senate Finance Committee on Thursday afternoon. Both schools described a rapidly changing post-pandemic environment that makes state funding very important to their budgets. Read the full article. The legislature approved $16.6 million for WVU and $9.7 million for MU. The…
Parkersburg News and Sentinel - The West Virginia Center on Budget and Policy hosted a community forum about the proposed West Virginia state budget being considered by the Legislature Tuesday night at the Judge Black Annex. Read the full article. The main focus was on Gov. Jim Justice’s 50% personal income tax cut proposal. “I…
WTAP - The West Virginia Center on Budget and Policy came to Parkersburg and held a public forum on West Virginia’s proposed budget. Read the full article. Policy Outreach Director Seth Distefano gave locals a breakdown of the budget’s basics. He also talked about how Governor Justice’s proposed personal income tax cut could impact it.…
West Virginia News - As the Legislature continues to debate cuts to the state personal income tax, industry officials, think tank leaders and members of the public have their own thoughts on tax reform and the best path forward for West Virginia. Read the full article. After years of declaring budget surpluses and after the…
Wheeling News-Register, Weirton Daily Times - Gov. Jim Justice has set out around the state touting his plan to cut state personal income tax by 50% over the next three years, but a West Virginia policy research group on Thursday cautioned that such a plan would not benefit those among the state’s most vulnerable. Read…
WTOV9 - West Virginia Governor Jim justice will visit Wheeling on Friday. But his plans for tax cuts were discussed Thursday evening. Read the full article. The Ohio County Family Resource Network and the West Virginia Center on Budget and Policy hosted a community forum discussing Justice's tax plans and how they would impact families…