West Virginia levies a severance tax on the production value of coal, natural gas, oil, and other natural resources produced in the state. During the most recent legislative interim session, the Joint Committee on Finance proposed legislation to -- yet again -- cut the state's already low severance tax. This comes on the heels of…
Tax and Budget
Western Journal - Controversy and criticism continues to rain down on West Virginia’s Democratic Sen. Joe Manchin after he announced he would not be supporting the Build Back Better bill. Celebrity singer, actress and comedian Bette Midler has now added her voice to the mix. Read the full article. But instead of just criticizing Manchin, Midler…
Washington Post - As hard as it is to believe, Democratic Sen. Joe Manchin III reportedly blew up negotiations for the Build Back Better bill not over provisions to address climate change or tax proposals affecting wealthy Americans, but over the child tax credit that has lifted millions of children out of poverty. That makes even less…
WSAZ - West Virginia families are set to lose hundreds of dollars per month starting in January after Sen. Joe Manchin, D-W.Va., decided not to support President Joe Biden’s Build Back Better (BBB) legislation. Read the full article. That bill includes the expansion of the current Child Tax Credit (CTC) that sends up to $300…
New York Times, Eminetra - Amid the swirl of recriminations and second-guessing that followed the announcement by Senator Joe Manchin III that he would not support President Biden’s signature domestic policy plan, one point of contention stood out: their differences over an expansion of the child tax credit. Read the full article. The legislation would…
FOX Business - Millions of American households last week received what may be the final child tax credit (CTC) payment until further notice. That's unless Democratic lawmakers can come to an agreement to pass President Joe Biden's signature social spending bill, the Build Back Better Act. Read the full article. Senate Democrats had hoped to…
For Immediate Release: December 20, 2021Contact: Kelly Allen, 304-612-4180 Charleston, WV – Senator Manchin’s announcement that he will not support the Build Back Better Act is a major blow to West Virginia’s families, workers, small businesses, and state economy. Failing to pass a social infrastructure package and an extension of the improved Child Tax Credit – including the…
Community News - Lacking a fourth federal stimulus check, the expanded monthly child tax relief provided much-needed relief for families. This monthly child discount expired this month, but President Joe Biden wants to extend this CTC payment for at least another year. However, opposition from Senator Joe Manchin could spell the end of this coronavirus…
Entrepreneur - In the absence of any fourth federal stimulus check, the extended monthly child tax credit provided much needed relief to families. This monthly child tax credit ended this month, but President Joe Biden wants to extend this CTC payment for at least one more year. However, opposition from Senator Joe Manchin may mean the end…
WVNSTV, Toys Matrix - West Virginia took the national stage Sunday, December 19, 2021 following an announcement from Senator Joe Manchin (D-West Virginia) and the future of the Build Back Better Bill. Read the full article. “I can not vote to continue with this piece of legislation, I just can’t,” Manchin said on Fox News…