Tax and Budget

March 7, 2023 by WVCBP
Governor Signs Largest Tax Cut in W.Va. History

West Virginia Record - Gov. Jim Justice has signed what is being called the largest tax cut in state history. Read the full article. Flanked by state Senate President Craig Blair and House Speaker Roger Hanshaw, Justice signed House Bill 2526 into law March 7 during a ceremony at the Culture Center on the state…

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March 7, 2023 by Kelly Allen
Gov. Justice Signs Sweeping Tax Cut Legislation into Law

WTAP - Governor Jim Justice today signed into law what he calls the largest tax cut in West Virginia history. Read the full article. House Bill 2526 will reduce personal income tax for all West Virginians, provide property tax rebates for business owners and install trigger conditions for other tax cuts in the future that…

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March 7, 2023 by WVCBP
Gov. Jim Justice Signs Bill Creating Largest Tax Cut in West Virginia History

WCHS - Flanked by lawmakers, some of whom he had waged a war of words with over proposed tax reform, West Virginia Gov. Jim Justice signed the largest tax cut in state history that totals more than $750 million. Read the full article. “I sincerely thank Speaker (Roger) Hanshaw and (Senate) President (Craig) Blair –…

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March 7, 2023 by WVCBP
Passage of HB 2526 Fiscally Reckless, Comes at Cost of Years of Needed Investments

For Immediate Release: March 7, 2023 Contact: Renee Alves, (559)-916-5939 Charleston, WV – Rather than utilizing state revenues to create shared prosperity by investing in programs and services that benefit all West Virginians, HB 2526 enacts permanent tax cuts that undermine public investments and further rig our tax system for the wealthy. Nearly two out of every three dollars of…

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March 6, 2023 by Kelly Allen
West Virginia House Agrees to $817.8M Tax Cut Bill

Center Square - The West Virginia House passed a record tax cut on over the weekend that will ultimately have an $817.8 million annual impact, according to a fiscal note on the bill. Read the full article. The bill, which passed the West Virginia Senate a week before, also includes a rebate on the state’s ad valorem…

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March 4, 2023 by WVCBP
Cheers and Jeers

Times West Virginian - Jeers to the GOP Supermajority in the West Virginia Legislature for disregarding the facts and plain, simple history. They listened to anti-tax proponent Grover Norquist to inform how they want to cut the state’s income tax, the same architect behind Kansas’ failed tax cuts of a decade ago. According to research…

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March 4, 2023 by Kelly Allen
Delegates Embrace Broad Tax Cut and Also Pass Their Version of the Budget

West Virginia MetroNews - Delegates took up and then passed a multi-faceted tax cut bill late in a Saturday session, reaching legislative consensus on an issue that has roiled this regular session. Read the full article. “This is lowering the tax burden for the people of West Virginia,” said Delegate Marty Gearheart, R-Mercer. Delegates passed…

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March 4, 2023 by WVCBP
New Tax Cut Proposal Isn’t a Tradeoff for PEIA, Would Only Exacerbate Long-term Sustainability Concerns

For Immediate Release: March 4, 2023 Contact: Kelly Allen, 304-612-4180 Charleston, WV – This week in the West Virginia Legislature reflects politics at its worst. Delegates are being pressured to vote to increase health insurance costs for PEIA members in exchange for a pay raise and a tax cut package. But this isn’t a fair trade at all. The tax…

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March 3, 2023 by WVCBP
Lida Shepherd: The Relentless Pursuit of Tax Cuts (Opinion)

Charleston Gazette-Mail - When I heard that the state Senate rushed through yet another personal income tax cut proposal, it made me feel like I’m living in a very unfunny version of the movie "Groundhog Day." Read the full op-ed. For those of us not experiencing much of what Gov. Jim Justice has called a…

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