At his State of the State address last week, Governor Justice announced a proposal he called a "tsunami" to reduce the personal income tax by 50 percent. As we’ve previously highlighted, personal income tax cuts by nature overwhelmingly benefit the wealthiest households. In this case, one out of every six dollars in tax cuts would…
Tax and Budget
Associated Press, CBS News, WCHS, Telegraph, Herald-Standard- West Virginia Gov. Jim Justice’s budget proposal doesn’t go far enough to support the most vulnerable and marginalized residents in one of the nation’s poorest states, advocates said Thursday. Read the full article. Prevent Child Abuse West Virginia Director Jim McKay said it was poignant to him that…
Associated Press, Bluefield Daily Telegraph, WTAP - West Virginia Gov. Jim Justice unveiled his most ambitious personal income tax proposal yet Wednesday: a 50 percent reduction over the next three years. Read the full article. The Republican governor called the plan a “West Virginia tsunami” during his State of the State address, after lawmakers convened…
West Virginia MetroNews - Gov. Jim Justice is calling for a “relatively flat,” $4.884 billion budget that includes pay raises for most state employees and some increased financial support for the Public Employees Insurance Agency. Read the full article. “I want to mind the store,” Justice said during his State of the State address. The…
Media Advisory: January 11, 2023 Contact: Renee Alves, 559-916-5939 Charleston, WV - As the 2023 legislative session gets underway, the West Virginia Center on Budget and Policy staff would like to invite you to join us at our 10th Annual Budget Breakfast, taking place on January 20, 2023 at 8am EST. Each year, the WVCBP holds this event…
WOWK TV - On this week’s episode of Inside West Virginia Politics, we will be previewing the 2023 West Virginia Legislative Session. Read the full article. In Segment One, we bring in House Speaker Roger Hanshaw (R-Clay). In Segment Two, we bring in Del. Mike Pushkin (D-Kanawha, State Party Chair). In Segment Three, we bring…
West Virginia News, Wheeling Intelligencer - Officials with the West Virginia Department of Revenue pushed back Monday against criticisms that record-breaking tax revenue surpluses are due to lowballing the revenue estimates that determine the annual state budget. Read the full article. Dave Hardy, cabinet secretary for the Department of Revenue, briefed members of the Joint…
Media Advisory: January 9, 2023 Contact: Renee Alves, (559)-916-5939 Charleston, WV – After four years of flat budgets failing to keep pace with the needs of West Virginians, Governor Jim Justice has promised another year of the same. This means another year of failing to keep up with inflation and continuing to underfund children's programs, PEIA, public employee salaries, and more – much less…
Charleston Gazette-Mail, Williamson Daily News - Tax cuts continue to headline discussions leading into the 86th West Virginia Legislature, with one budgetary watchdog group urging the state to be cautious with its now projected $1.8 billion budget surplus. Read the full article. Gov. Jim Justice and leaders of the House of Delegates and Senate have…
Wall Street Journal - Pointing to a record budget surplus, West Virginia Gov. Jim Justice said he plans to announce a major tax cut next week, joining a number of governors from both parties entering the New Year with state surpluses and big plans for tax cuts or new spending. Read the full article.