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…
Tax and Budget
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…
WTRF - West Virginia Governor Jim Justice continues his push to cut the state’s personal income tax by 50%. Read the full article. Under his plan, the tax cut would be incremental over 3 years; 30% in the first year, with 10% in each of the following two years. The West Virginia Center on Budget…
From looming PEIA and Medicaid shortfalls to crisis-level vacancies at state agencies, years of so-called "flat" state budgets are leading to real reductions in public services for West Virginians all across the state. HB 2526, the governor’s proposed personal income tax cut plan, would worsen these issues, leading to near-immediate budget shortfalls and eliminating the…
WTAP - Governor Jim Justice hosted a town hall Monday in Charleston to discuss legislation to cut the West Virginia state income tax by 50% over the next three years. Watch the full segment. The legislation, House Bill 2526, is currently under consideration by the Senate Finance Committee. During his town hall, Justice said he…
Daily Beast - For the last two years, whenever Sen. Joe Manchin opened his mouth, many Democrats got ready to wince—it usually meant he was about to dismiss or pump the brakes on one of the party’s agenda items. Read the full article. But now, Democrats are anxious for the word from Manchin on something…
West Virginia MetroNews - West Virginia officials continue to discuss a major income tax cut, even as they’re also balancing additional expenses for state government. Read the full article. House Speaker Roger Hanshaw described recent discussions about a possible income tax cut as “transformative.” “We don’t want to do something that’s not truly impactful,” Hanshaw,…
Inside Higher Ed - State budget season is here, and with a few notable exceptions—California and New York among them—many states are entering it with a significant surplus. Read the full article. Thanks to a number of factors—including increased tax revenue, lingering pandemic stimulus funds and, at least in oil- and gas-rich states, boom times for the energy…
West Virginia Public Radio - On this West Virginia Morning, reporter Chris Schulz sat down with budget policy expert Sean O’Leary from the West Virginia Center on Budget and Policy to discuss the proposed state budget and the potential possibilities. Listen to the full segment. The budget is the only piece of legislation that must be…