WVCBP in the News

August 19, 2016 by Ted Boettner
Could Legalizing Marijuana Help Fix Budget?

WDTV - A new report says says legalizing marijuana here in the Mountain State could help bring in millions to fix our state budget woes. Read/WatchAccording to the West Virginia Center on Budget and Policy, legalizing marijuana and taxing it at a rate of 25 percent of its wholesale price could bring in nearly $45…

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August 19, 2016 by WVCBP
Don’t Increase Soft Drink Tax

Wheeling Intelligencer - Why is it that many liberals' answer to virtually any challenge in government is higher taxes? ReadRevenue to fund government lagging? Raise taxes. Never mind that budget shortfalls often indicate constituents are having their own financial problems.Some social need, perhaps involving health, on officials' minds? Raise taxes. That will provide money government…

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August 19, 2016 by WVCBP
Report: WV Could Make Millions by Legalizing Marijuana

Charleston Gazette-Mail - A new report suggests that while legalizing marijuana might not eliminate the state's budgetary woes, it could bring in millions in much-needed revenue. ReadThe West Virginia Center on Budget and Policy, a nonprofit agency that regularly releases research on progressive causes, released a report Thursday that stated if marijuana was legalized and taxed in…

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August 18, 2016 by WVCBP
Could Legalizing Marijuana be West Virginia’s Pot of Gold?

The State Journal, WBOY-TV - Legalizing marijuana in West Virginia could generate as much as $194 million a year in tax revenue and put people to work, a report released by the West Virginia Center on Budget & Policy suggests. ReadDecriminalizing the drug for those with small amounts of marijuana could also save the state…

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August 18, 2016 by Ted Boettner
Legislation Has Been Introduced in West Virginia to Legalize Medical Marijuana

WHAG-TV - Legislation has been introduced in West Virginia to either legalize medical marijuana or reduce the criminal penalties for marijuana possession. Read/WatchAn article released by the West Virginia Center of Budget and Policy took a closer look at what legalizing marijuana would mean for the state budget, its prison system, and its chronically ill.West…

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August 18, 2016 by WVCBP
Policy Experts Look to State’s Soda Tax as Possible Revenue Boost

An increase to West Virginia's soft drink tax, which has remained stagnant for more than 60 years, could serve as another way to bolster the state's flagging tax revenue while discouraging soda consumption, according to local policy experts. ReadTara Holmes, the summer research associate for the West Virginia Center on Budget and Policy, told a…

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August 9, 2016 by Seth DiStefano
EITC Would Put More Money Into the Economy

Beckley Register-Herald - As West Virginia continues to battle a combination of economic woes — decline of the coal industry, low natural gas prices, low workforce participation and low education rates — that have taken a toll on the state's budget, the West Virginia Center on Budget and Policy is pushing for an Earned Income…

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August 8, 2016 by Sean O'Leary
Preparing for a Rise in West Virginia Gas Drilling

West Virginia Public News Service - If the natural gas market follows classic patterns, drilling in the Marcellus shale will rise once the price climbs from the basement. ReadWhat should West Virginia do to prepare?Sean O'Leary, a senior policy analyst with the West Virginia Center on Budget and Policy, says the state should gear up…

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August 5, 2016 by Ted Boettner
West Virginia Budget Back in Deficit Already

WOWK - The devastating floods of 2016 have only added to the budget storm that hovers over West Virginia. After just one month in the new fiscal year, tax revenue in the Mountain State is already down by nearly 33 million dollars. But even without the floods, money troubles were already coming. Read/Watch"Yes, absolutely. We…

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July 30, 2016 by Ted Boettner
State to Exempt Homeless from SNAP Requirements

Charleston Gazette-Mail - Homeless people in West Virginia will not have to find work or training to receive food-stamp benefits, the state Department of Health and Human Resources has decided. Read The state plans to exempt homeless people by October from a requirement in nine West Virginia counties stating a person must work or train…

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