Tax and Budget

February 2, 2023 by Kelly Allen
Citizens Want to Put Brakes on Transfer of Federal Relief Dollars to Development Fund

West Virginia MetroNews - Gov. Jim Justice submitted a bill meant to transfer $678 million in federal American Rescue Plan dollars to state development funds. Not everybody thinks that’s a great idea. Read the full article. House Bill 2883 calls for $500 million to be transferred to the state Economic Development Authority, a $177 million transfer to the state…

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February 2, 2023 by WVCBP
WVU, Marshall Make Budget Presentations in Charleston

West Virginia MetroNews - Representatives of WVU and Marshall made budget presentations before the state Senate Finance Committee on Thursday afternoon. Both schools described a rapidly changing post-pandemic environment that makes state funding very important to their budgets. Read the full article. The legislature approved $16.6 million for WVU and $9.7 million for MU. The…

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February 1, 2023 by Seth DiStefano
Public Forum Outlines Negative Impact of Proposed Income Tax Cuts

Parkersburg News and Sentinel - The West Virginia Center on Budget and Policy hosted a community forum about the proposed West Virginia state budget being considered by the Legislature Tuesday night at the Judge Black Annex. Read the full article. The main focus was on Gov. Jim Justice’s 50% personal income tax cut proposal. “I…

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January 31, 2023 by Seth DiStefano
Public Forum on the Proposed State Budget is Held in Parkersburg

WTAP - The West Virginia Center on Budget and Policy came to Parkersburg and held a public forum on West Virginia’s proposed budget. Read the full article. Policy Outreach Director Seth Distefano gave locals a breakdown of the budget’s basics. He also talked about how Governor Justice’s proposed personal income tax cut could impact it.…

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January 29, 2023 by Kelly Allen
West Virginians Have Varying Opinions on Tax Cuts

West Virginia News - As the Legislature continues to debate cuts to the state personal income tax, industry officials, think tank leaders and members of the public have their own thoughts on tax reform and the best path forward for West Virginia. Read the full article. After years of declaring budget surpluses and after the…

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January 27, 2023 by Kelly Allen
Research Group Warns About Tax Plan

Wheeling News-Register, Weirton Daily Times - Gov. Jim Justice has set out around the state touting his plan to cut state personal income tax by 50% over the next three years, but a West Virginia policy research group on Thursday cautioned that such a plan would not benefit those among the state’s most vulnerable. Read…

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January 26, 2023 by Kelly Allen
Pros, Cons of Justice’s Proposed Tax Cuts Discussed

WTOV9 - West Virginia Governor Jim justice will visit Wheeling on Friday. But his plans for tax cuts were discussed Thursday evening. Read the full article. The Ohio County Family Resource Network and the West Virginia Center on Budget and Policy hosted a community forum discussing Justice's tax plans and how they would impact families…

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January 26, 2023 by Kelly Allen
WV Center on Budget and Policy Oppose Justice’s Tax Cut Proposal

WTRF - West Virginia Governor Jim Justice continues his push to cut the state’s personal income tax by 50%. Read the full article. Under his plan, the tax cut would be incremental over 3 years; 30% in the first year, with 10% in each of the following two years. The West Virginia Center on Budget…

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January 25, 2023 by Kelly Allen
Tax Cut Proposals Would Eliminate Surplus “Safety Net” Lawmakers Rely on to Fund Ongoing Needs

From looming PEIA and Medicaid shortfalls to crisis-level vacancies at state agencies, years of so-called "flat" state budgets are leading to real reductions in public services for West Virginians all across the state. HB 2526, the governor’s proposed personal income tax cut plan, would worsen these issues, leading to near-immediate budget shortfalls and eliminating the…

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January 23, 2023 by Kelly Allen
Gov. Jim Justice Hosts Town Hall to Discuss Legislation to Cut W.Va. Income Tax

WTAP - Governor Jim Justice hosted a town hall Monday in Charleston to discuss legislation to cut the West Virginia state income tax by 50% over the next three years. Watch the full segment. The legislation, House Bill 2526, is currently under consideration by the Senate Finance Committee. During his town hall, Justice said he…

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