Last week, Governor Justice approved the FY 2022 budget passed by the legislature at the end of session. While the fate of the budget was up in the air for most of the session as the legislature attempted to eliminate the income tax, by the time the session came to a close, only a few…
Tax and Budget
Charleston Gazette-Mail - I was trying to find a word that sums up the 2021 legislative session, and after much consideration, it came to me: Despicable. Read the full article. Despicable, in that the Legislature committed acts of cruelty for no reason but the sheer pleasure they derived from doing so. They passed a despicable…
West Virginia Public Broadcasting - While any 60-day legislative session focuses on the hundreds of bills introduced and considered, Republican supermajorities this year helped push three proposed constitutional amendments to the ballot for voters to ponder. Read the full article. Come November 2022, West Virginians will have the opportunity to decide whether to amend the…
Mountain State Spotlight, West Virginia Public Broadcasting, Flipboard - Republican Gov. Jim Justice and some state lawmakers predict the elimination of the personal income tax would bring hundreds of thousands of new residents to the state. Read the full article. There’s no guarantee of that, but their decisions regarding the tax, and its effect on…
Associated Press, Times West Virginian, Minneapolis Star Tribune, Star - With West Virginia about to lose another congressional seat because of steady population decline, some Republican lawmakers are convinced a massive income tax cut is the key to reversing the trend. But figuring out how to do that without harming the state’s most vulnerable or…
Charleston Gazette-Mail - Rebecca McPhail, president of the West Virginia Manufacturers Association, recently authored an op-ed on the legislation to place the business inventory tax, which is now protected by the state constitution, up for a referendum in November 2022. Read the full op-ed. Indeed, the state Republican Party is on a tax-cutting spree (and when are…
Last night, on a narrow 18-16 vote, the Senate passed an amended version of HB 3300, making significant changes to the version of the bill that the Senate Finance Committee had introduced just days before. The amended bill was voted on mere hours after being introduced, and was passed without a full fiscal analysis. With…
WOWK - The West Virginia legislature has until Sunday to jointly come to an agreement on whether the state will eliminate its personal income tax. Watch the full segment. Local policy analysts are concerned about what may be in, or left out of a bill with only three days left to debate it. In a…
Associated Press, US News, Martinsville Bulletin, WV News, Middletown Press, Bristol Herald Courier, Tulsa World, WVVA, Flipboard, Chron, - West Virginia Republicans’ attempt to cut the state income tax took a key step forward after the state Senate narrowly approved a measure on Wednesday night. Read the full article. But its fate remains uncertain in…
Mountain State Spotlight, Beckley Register-Herald - Two bills to change how West Virginia’s natural resources are valued for property tax purposes are moving through the Legislature. Proponents say the measures — which would probably lower the taxes companies pay — are necessary to address statutory and constitutional requirements. But it could also reduce the tax…