Tax and Budget

July 21, 2022 by Sean O'Leary
Nothing New About Governor Justice’s Special Session Income Tax Cut Plan

This week, Governor Justice called for a special session to consider yet another attempt to cut the state's income tax. Like previous failed attempts over the past few years, this latest plan would lead to major revenue losses for the state, while giving most of the tax cut to wealthy West Virginians. The personal income…

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July 20, 2022 by Sean O'Leary
Preview: W.Va. Property Tax Amendment On November Ballot

West Virginia Public Broadcasting - A proposed constitutional amendment on the ballot this November will give the West Virginia Legislature authority to remove or reduce a variety of county level property taxes. Read the full article. West Virginia Public Broadcasting previewed the ballot measure, looking at concerns on how passage would affect the state economy,…

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July 20, 2022 by WVCBP
West Virginia Governor Calls Special Session on Income Taxes

AP, US News, Shelton Herald, Weirton Daily Times, - West Virginia Gov. Jim Justice called on state lawmakers Wednesday to meet at the Capitol next week to consider a permanent 10% reduction in the state’s income tax. Read the full article. “Once we get the ball rolling, we can keep coming back and chipping away at our…

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July 20, 2022 by Kelly Allen
Governor Calls Special Session on Income Tax Cuts, but Outcome Isn’t Clear Yet

West Virginia MetroNews - Gov. Jim Justice issued a call for a legislative special session to begin at noon Monday, proposing cuts to personal income taxes. Read the full article. The governor’s call also included more specific information about changes to brackets, reflecting the governor’s desire to give lower wage earners a somewhat larger break…

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July 19, 2022 by Sean O'Leary
For WV Gov. Jim Justice, Extra Cash in State Coffers Justifies a Permanent Tax Cut. But Recently, His Own Budget Office Warned that Trend May be Temporary

Mountain State Spotlight - Days after the end of the fiscal year on July 1 showed West Virginia’s revenues well above official estimates, Gov. Jim Justice faced a camera in his Capitol office and announced his plans to keep West Virginia on the economic “rocket ship ride” he’s long promised: a 10% income tax cut.…

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July 12, 2022 by Sean O'Leary, Kelly Allen
Five Ways to Use West Virginia’s Revenue Surplus to Help Families and Workers

West Virginia ended Fiscal Year (FY) 2022 with revenues coming in at $1.3 billion above estimates. And while that surplus is largely a mirage built on low revenue estimates, unexpectedly high energy prices, and unprecedented amounts of federal aid and budget support, it does present an opportunity to make much-needed investments in the people of…

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July 10, 2022 by Kelly Allen
Tax Bracket Differences Emerge Over Governor’s Proposal

West Virginia MetroNews - Gov. Jim Justice is pushing for income tax cuts of about 10 percent for West Virginians. But the governor has been suggesting lower-income citizens should get a bigger break by percentage than higher wage earners. Read the full article. House Finance Chairman Eric Householder agrees with the broad strokes of the…

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July 7, 2022 by Sean O'Leary
W.Va. Budget Analyst Says Justice Tax Cut Proposal Favors Wealthy

West Virginia Public Broadcasting - Gov. Jim Justice said in a press briefing on Wednesday that his proposed 10 percent permanent personal income tax cut will return $254 million to state taxpayers. Read the full article. “We will get money and real relief all across the board, to every single taxpayer in the state of…

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July 5, 2022 by Sean O'Leary
For West Virginia’s Libraries, a Proposed Constitutional Amendment Could Mean Yet Another Budget Cut

Mountain State Spotlight, Beckley Register-Herald, Fayette Tribune - On a recent weekday, nearly two dozen kids gathered around a multicolored ABC rug in the Louis Bennett Public Library, filling the space with chit-chat and laughter. Everyone listened intently as a library clerk in a pirate hat enthusiastically read “Where’s the Pirate?” Then they walked across…

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