West Virginia Public News Service, Gilmer Free Press - Some West Virginia legislators want to get rid of the state personal income tax. But in Kansas, where that's being tried, economists are calling it a disaster. Over the last two and a half years, Kansas lawmakers slashed that state's income tax, starting at the top.…
WVCBP in the News
Charleston Gazette - New legislative leaders are studying a major realignment of state taxes, through the Joint Senate Select Committee on Tax Reform. A recent meeting offered a glimpse of what lawmakers have in mind, such as further tax cuts and even eliminating the personal income tax. ReadIn coming months, GOP leaders presumably will clarify…
Beckley Register-Herald - Years of declining efficiency in the coal industry could end soon, especially in the U.S. where both surface and underground mines located in the country's top producing regions have witnessed increased productivity over the last couple years, a recent study shows. Read SNL Energy, a financial website, found coal miners' productivity —…
Logan Banner - April legislative interim committee meetings were highlighted by the launch of a new select committee on tax reform. ReadHouse Speaker Tim Armstead, R-Kanawha, spelled out the mandate of the Joint Select Committee on Tax Reform, stating, "We have a tax structure in West Virginia that's broken, that's burdensome, and that's bewildering to…
Bluefield Daily Telegraph - Lawmakers are taking a stab at tax reform, promising improved economic growth and a better business climate. But based on tax reform results of the past, the West Virginia Center for Budget and Policy says that state residents should be skeptical of any new reconstitution of tax policy, particularly if it…
Register-Herald - Lawmakers are taking a stab at tax reform, promising improved economic growth and a better business climate. But based on tax reform results of the past, the West Virginia Center for Budget and Policy says that state residents should be skeptical of any new reconstitution of tax policy, particularly if it comes from…
West Virginia Public News Service - As West Virginia lawmakers consider reforming the state's tax code, the West Virginia Center On Budget and Policy is arguing that it needs to be made fairer to low- and middle-income families. ReadOver time, said Ted Boettner, executive director of the center, the state's tax system gradually has come…
Charleston Gazette - Gov. Earl Ray Tomblin is taking a cautious approach to the newly formed legislative Joint Select Committee on Tax Reform, calling on panel to be mindful of the state's "fiscally responsible policies" as it pursues any possible tax cuts. Read"As Senate president and as governor, Gov. Tomblin has worked hard to cut…
West Virginia Public Broadcasting -A select group of West Virginia lawmakers began an arduous process Monday, combing through the state's current tax code and finding ways to bring it "into the 21st Century," as one delegate put it. Read. Listen.The Joint Select Committee on Tax Reform was one of only four committees to meet during…
The State Journal -An interim committee tasked with examining West Virginia's tax structure will have meetings in May to hear from experts on tax reform. Senate President Bill Cole, R-Mercer, said he hoped creating a committee to focus on the issue of taxes would promote economic growth in the Mountain State. ReadHouse Speaker Tim Armstead,…