West Virginia MetroNews - Parents across West Virginia began noticing new money from the federal government in their bank accounts Thursday, part of the new expanded child tax credit program. Read the full article. The $1.9 trillion American Rescue Plan passed by Congress earlier this year provides monthly payments to adults with children. Basically instead…
Tax and Budget
WOWK13 - Nonpartisan West Virginia organizations came together at Coonskin Park Thursday to raise awareness for the Child Tax Credit increase. Read the full article. Part of the American Rescue Plan passed this January by Congress, with eligible families in West Virginia and across the country receiving monthly payments of up to $300 per child.…
While the COVID-19 pandemic created havoc in the state's economy over the past year, the state's revenue collections have exceeded expectations. West Virginia ended FY 2021 with total general revenue collections of $4.989 billion, which is $413 million above the original estimates for the year. And while Governor Justice celebrated the revenue report as being…
Public News Service - The latest poll by Americans for Tax Fairness found rural voters overwhelmingly support the idea of corporations and the wealthy paying more taxes, or as it's often put, "their fair share." Read the full article. The American Jobs Plan includes several tax-code changes for only the highest-income Americans, many of whom now pay little or…
WCHSTV - The expansion of the Child Tax Credit program will benefit hundreds of thousands of West Virginia families, with 94% of children eligible. Read the full article. More than 345,000 West Virginia families should expect tp see an extra check in their mailboxes or bank accounts on July 15 from the federal government. Earlier…
West Virginia MetroNews - Gov. Jim Justice is pleased with how state government has ended the fiscal year. Read the full article. “We’re in great shape West Virginia,” the governor said during a briefing today. Figures released today by the state Senate Finance Committee show that state government exceeded original revenue estimates by $415 million.…
346,000 West Virginia Children Eligible to Receive First Monthly Child Tax Credit Payment Next Month
For Immediate Release: June 21, 2021Contact: Kelly Allen or 304-612-4180 Charleston, WV - The White House declared today “Child Tax Credit Awareness Day” to raise knowledge and awareness about the transformative improvements to the Child Tax Credit (CTC) approved as part of the American Rescue Plan Act (ARPA). The CTC provides much-needed relief to families, boosting opportunity and improving…
Charleston Gazette-Mail - West Virginia’s bridges, dams, drinking water, roads and wastewater have received a D grade from the American Society of Civil Engineers, and 24% of the state’s residents live in a broadband desert. Furthermore, 54% live in a child care desert and 19% of children in the state live in poverty. Read the…
Beckley Register-Herald - For a state that has given much to build this nation of steel, laboring in the coal mines all these years, it is frustrating to watch West Virginia’s two U.S. senators stand in the way of the Biden administrative plan to repay a portion of that debt. Read the full article. Yes,…
Last month, President Biden announced the American Families Plan (AFP) proposal, featuring major investments in K-12 education, child care, higher education, health care, and paid leave, as well as extended tax cuts for families and workers with children. The AFP also includes revenue-raising proposals that would affect only very high-income taxpayers. And while the benefits…