Charleston Gazette-Mail, Huntington Herald Dispatch - The West Virginia House Finance Committee passed a personal income tax repeal phase-out bill in about three minutes Monday, but the legislation still faces an uphill fight. Read the full article. With no discussion or questions asked of counsel, committee members passed House Bill 4007, which first would implement…
Tax and Budget
Last week the West Virginia Legislature introduced a bill to cut and eventually eliminate the state's personal income tax. This week, the House Finance Committee voted to advance that bill to the House floor with no discussion or questions asked. Like previous attempts to eliminate the state's income tax, HB 4007 would lead to major…
West Virginia MetroNews, Toys Matrix - Proposals to cut West Virginia’s personal income tax dominated last year’s regular legislative session, but no one could exactly agree on how to structure the cut. Read the full article. House Finance Chairman Eric Householder, R-Berkeley, is giving the income tax cut another try. He is the lead sponsor…
WOWK TV - On this week’s episode of Inside West Virginia Politics, co-hosts Mark Curtis and Amanda Barren talk to people about infrastructure, Justice Stephen Breyer’s retirement, the annual Budget Breakfast, and Girl Scout cookies. Watch the full segment. In Segment One, Mark Curtis sits down with Rep. David McKinley (R-WV) to talk about the $6 billion that is coming to West Virginia.…
Beckley Register-Herald - It is simply laughable that Gov. Jim Justice, at every turn, criticizes President Joe Biden and his administration for everything unrelated to the state of affairs in West Virginia – from “open borders” with Mexico to our nation’s exit from the war in Afghanistan – while taking full credit for an economic…
Earlier this month, Governor Justice released his FY 2023 budget proposal. Once again, the governor is proposing a relatively "flat" budget with few changes from the previous year. However, like with the FY 2022 budget, low revenue estimates and a lack of a six-year plan are complicating the budget picture, preventing investments in the state's…
Farm and Dairy - West Virginia Gov. Jim Justice recently announced a proposed state budget for fiscal year 2023. Read the full article. The overall budget is essentially flat, staying consistent in investments in food, agriculture, natural resources and infrastructure, with just a 1.4% increase from last year’s budget to just over $4.6 billion. Most of that…
Market Watch - West Virginia taxpayers will pay $1.7 billion to attract a profitable steel company to a corner of the state where workers from Ohio and Kentucky may also be employed, thanks to what some observers call a hurried deal struck in a special session of the legislature in January. Read the full article.…
WCHS TV - The West Virginia Center on Budget and Policy hosted its annual Budget Breakfast on Friday. Watch the full segment. It marks the ninth time the breakfast has been held. Organizers conduct the event during the legislative session each year. The event provides a chance for lawmakers to analyze the governor's proposed budget…
WOWK TV - Sometimes the best way to exchange ideas is to break bread with others. That’s what happened at Friday’s annual “Budget Breakfast” from the West Virginia Center on Budget and Policy. Watch the full segment. A lot of people are focused on the state’s budget surplus, which may balloon to $700. Democrats say…