Taxes

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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November 20, 2018 by Sean O'Leary
State Tax Policy Can Advance Racial Equity

Earlier this month, a report from the Institute on Taxation and Economic Policy showed how the federal tax cut bill signed last year by President Trump exacerbated the growing racial wealth gap in the country. By gearing the bulk of its tax cuts to the very wealthy, who are overwhelmingly white, the Tax Cuts and…

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November 13, 2018 by Sean O'Leary
The Tax Cuts and Jobs Act is Increasing the Racial Wealth Gap

A new report  from the Institute on Taxation and Economic Policy and Prosperity Now takes a look at the federal tax cut bill passed by Congress and signed into law last year by President Trump and its impact on growing the racial wealth gap. Previous reports have shown that the tax cuts in the Tax Cuts…

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