Tax and Budget

September 20, 2024 by Kelly Allen
Flat Budgets By Way of Tax Cuts are Increasing Costs for Families

West Virginia Watch, Beckley Register-Herald - Earlier this month, Gov. Jim Justice announced that legislators have had sufficient time to reach a consensus on his proposal to slash the state’s personal income tax for the third time in 18 months. In reality, the first two rounds of tax cuts have not even been fully phased…

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September 16, 2024 by Seth DiStefano
Veterans’ Healthcare on Inside West Virginia Politics

WOWK - On this week’s episode of Inside West Virginia Politics, we talk about a Greenbrier business summit, tax cuts and childcare, scams and veterans’ healthcare. Read the full article. In Segment One, we talk to Kaylin George of the WV Chamber of Commerce about the business summit held at the Greenbrier Resort. In Segment…

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September 13, 2024 by Tamaya Browder
Tamaya Browder: WV must increase funding of public schools (Opinion)

Charleston Gazette-Mail - School is officially back in session for children across the Mountain State — with the vast majority (90%) receiving their education in our public school system. The new school year brings excitement and opportunities, but this year in West Virginia it also brings challenges as school districts face serving their students with…

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September 11, 2024 by WVCBP
Child Care, Tax Cuts Expected Focus of Upcoming WV Special Session

Public News Service, MSN, WWNR Radio - West Virginia lawmakers will convene for a Special Session on Sept. 30, with the state's child care crisis, proposed income tax cuts and supplemental appropriations on the agenda. Read the full article. The Mountain State's spending on child care is much lower than neighboring states and has steadily declined over the past…

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September 11, 2024 by Seth DiStefano
West Virginia Childcare Funding Lower than Other States in Our Region

WOWK, WBOY, MSN - When it comes to state spending on childcare, West Virginia ranks at the bottom of the region. Read the full article. The critical need for daycare was the subject of two recent protests at the state capitol. The governor and legislature failed to pass any reforms during this year’s regular legislative…

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September 10, 2024 by Kelly Allen
Income Tax Cuts Driving Historic Revenue Decline

This week, Governor Justice announced a special session to be held at the end of September to override tax cut triggers enacted as part of the 2023 tax law and slash taxes by an additional $114 million. As we highlighted recently, the proposal ignores realities and defies fiscal responsibility. While policymakers are still learning the…

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September 5, 2024 by Seth DiStefano
West Virginia Should Adopt Free File for 2025 Tax Season

Tax filing can be a costly and complicated process for families and small businesses. The reason the system is so complicated is because for years, paid tax preparation corporations have profited by charging families to fulfill their legal obligation to file taxes each year. These companies, including Intuit and H&R Block, have conducted massive lobbying efforts…

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September 4, 2024 by WVCBP
Slow Down on Those Tax Cuts

West Virginia MetroNews, Charleston Gazette-Mail - The West Virginia Legislature and Governor Jim Justice have been effective tax cutters. In 2023, the Legislature passed a bill reducing the state’s five marginal tax rates by 21.25 percent. Read the full article. That law also put in place a formula whereby if certain financial benchmarks were met,…

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