Taxes

April 15, 2019 by Jessie Ice, Kelly Allen
The Working Families Tax Relief Act Would Raise Working People’s Income and Address Issues of Child Poverty

Working families with low- and moderate-incomes often struggle to keep afloat  and many childless adults are often taxed into poverty. On April 10, 2019, Senators Sherrod Brown, Michael Bennet, Richard Durbin, and Ron Wyden introduced the “Working Families Tax Relief Act” that aims to expand both the Earned Income Tax Credit (EITC) as well as…

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March 29, 2019 by Sean O'Leary
Natural Gas Property Tax Case Could Costs Local Governments Millions

The State Supreme Court heard several cases earlier this month on oil and natural gas property taxes that could have a significant impact on local government and school district finances, and also potentially impact the state budget. At issue is how the State Tax Department calculates production expenses on natural gas wells. When valuing oil and…

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March 1, 2019 by Sean O'Leary
Will a Severance Tax Cut Put Coal Miners Back to Work? (Probably Not)

On Crossover Day, the West Virginia House of Delegates passed two bills that have the intended purpose of boosting coal production and putting coal miners back to work. Unfortunately, they chose to do so in a very ineffective and expensive way, through cuts and rebates to the severance tax. HB 3142 would cut the severance…

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February 21, 2019 by Jessie Ice
A Modest Investment with Big Returns: A State EITC for Low-Income Working Families in West Virginia

Making ends meet is a struggle for many West Virginians employed in lower-wage jobs. In fact, 23% of workers in West Virginia are employed in low-wage jobs and a quarter of those live in poverty. People working in their communities as daycare workers, restaurant servers, home health aides, administrative assistants, and many other lower-income jobs deserve to be able to…

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January 31, 2019 by Ted Boettner
Taking Inventory: The Impact of Exempting Business Personal Property Taxes in West Virginia

For years some lawmakers have pushed for eliminating or greatly reducing property taxes on business personal property. The result could mean shifting tax responsibilities onto people, more reductions in vital services such as schools, or a combination of both. During the 2019 Legislative Session, there have been two proposals for a constitutional amendment to eliminate or…

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January 24, 2019 by Ted Boettner
Fixing the Social Security Tax Bill with a Bottom-Up Tax Cut for Working Families

In his State of the State address, Governor Jim Justice proposed the elimination of the personal income tax on Social Security income. Justice's proposal, S.B 342, would completely exclude Social Security benefits from the state income tax, similar to how the state treats military retirement income. While this is being touted as a "middle class"…

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December 26, 2018 by Sean O'Leary
A Severance Tax Cut Would Be Coal in West Virginia’s Stocking

One year after celebrating the repeal of the Clean Power Plan, the West Virginia Coal Association, apparently unhappy with the results of the "most impactful decision to date for the nation’s energy security and stability," is back asking for more, once again calling for a reduction in the coal severance tax. The Coal Association argues that…

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