Tax and Budget

January 11, 2023 by WVCBP
WVCBP’s Annual Budget Breakfast to Take Place January 20, Budget Analysis Provided

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…

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January 9, 2023 by Sean O'Leary
West Virginia Revenue Officials: Tax Collections No Fluke

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…

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January 9, 2023 by WVCBP
WV NAACP and Advocacy Groups to Hold Press Conference Thursday in Response to State of the State, Will Discuss Needs of WV Children and Families

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…

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January 9, 2023 by Sean O'Leary
WV Tax Cut Discussion Sparks Debate as Analyst Urges Caution

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…

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January 6, 2023 by Sean O'Leary
Budget Surplus in West Virginia Prompts Governor to Promote Tax Breaks

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.

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January 6, 2023 by Kelly Allen
Kelly Allen: What’s Up With WV’s Supposed Budget Surplus? (Opinion)

Charleston Gazette-Mail - What’s going on in West Virginia? Month after month, we see news releases from Gov. Jim Justice and other elected officials touting historic revenue surpluses, sending the impression that West Virginia’s economy is thriving and that the state has more tax revenue than it knows what to do with. Read the full…

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January 6, 2023 by Seth DiStefano
Budget Center: State’s Surplus is ‘A Mirage’

Mineral County News and Tribune - West Virginia’s record budget surplus may not been what it seems, according to the West Virginia Center on Budget and Policy. Read the full article. In fact, Seth DiStefano of the WVCBP called the surplus “a mirage” when he spoke to a small group of Mineral County residents during…

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January 6, 2023 by Seth DiStefano
West Virginia’s Surplus is Misleading, State Budget Center Says

Cumberland Times-News - The record surplus touted by state leadership isn’t all that it seems, Seth DiStefano of the West Virginia Center on Budget and Policy told a group of citizens at the Mineral County Courthouse on Wednesday evening. Read the full article. DiStefano, who previously visited the courthouse in October for a presentation on…

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January 5, 2023 by Sean O'Leary
Slowing Tax Revenues Should Urge Caution for Those Using Them to Justify Tax Cuts

Governor Justice has once again touted the state's so-called "surplus" as reason to pursue more tax cuts favoring the wealthy. But make no mistake, the state's surplus isn't a sign of uncharacteristically strong revenue growth, or a sign that the state's needs are all being met. Instead, the surplus has been largely manufactured by artificially…

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