Tax and Budget

March 14, 2021 by Kelly Allen
West Virginia’s Sales Tax Would Be Highest in the Nation, with Caveats

West Virginia MetroNews - The West Virginia Business & Industry Council is raising concerns that Gov. Jim Justice’s big plan would zoom to the top of the wrong ranking. Read the full article. “West Virginia will have the highest state consumer sales tax in the nation at 7.9 percent,” the broad-based business organization wrote in a…

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March 10, 2021 by WVCBP
West Virginia Tax Reform Carries Historic Price Tag for State Businesses

Multistate - Whenever West Virginia Governor Jim Justice (R) discusses his plan to eliminate his state’s personal income tax, he reiterates two key points: (1) the tax will be a net positive for West Virginia taxpayers and (2) it will lead to significant population growth for the state. To back up his claim, the governor’s…

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March 8, 2021 by Kelly Allen
Governor Goes Off on State Spending Restrictions Built into Latest Federal Relief Bill

West Virginia MetroNews - Gov. Jim Justice isn’t happy about about some restrictions for how states can use federal relief built into the plan passed by the U.S. Senate. Read the full article. “It’s all about just petty nothing,” Justice said today. “That’s the only reason that got written in there.” The $1.9 trillion federal relief package…

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March 5, 2021 by Sean O'Leary
What Would Removing the Income Tax do to Prices in West Virginia?

WOWK, News Break - On Inside West Virginia Politics, Sean O'Leary, with the West Virginia Center on Budget and Policy, says the governor's proposed plan to eliminate the state's income tax "is not going to be a winner for West Virginia" as it is now. Watch the full segment. He says raising sales taxes will…

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March 4, 2021 by WVCBP
Justice Income Tax Plan: Big Cuts, but with Big Tax Hikes

Charleston Gazette-Mail, Huntington Herald-Dispatch - Gov. Jim Justice on Thursday unveiled the long-awaited details of his proposal to cut the state personal income tax — a plan that would use more than $900 million a year in tax hikes to partially offset a $1.07 billion reduction in income tax revenue. Read the full article. Justice,…

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March 2, 2021 by Kelly Allen, Sean O'Leary
With Significant Tax Reform on the Table, Lawmakers Lack Complete Picture of WV’s Future Budget Needs

It’s now been almost four months since Governor Justice announced that his top priority for the 2021 West Virginia legislative session would be eliminating the personal income tax. But despite the time elapsed, we’ve yet to see a plan put to paper. That’s likely because it’s really difficult to eliminate the state’s largest source of…

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