Clarksburg Exponent-Telegram - Elected officials and business leaders in West Virginia often point to taxes as a detriment to attracting new businesses and jobs to our state. As a result, a myriad of tax breaks and special incentives is offered as economic development tools to attract new investment. Read However, a recent study on business…
WVCBP in the News
Charleston Daily Mail, MedCity News - About 8,800 West Virginia residents stand to lose their health insurance because of the Affordable Care Act's new requirements for insurance plans. Read The health care reform law, passed in 2010, requires U.S. citizens to enroll in health insurance but also includes a list of requirements for health insurance plans.…
Charleston Gazette - West Virginia lawmakers are passing bills with inaccurate and biased estimates of how much the proposals will cost, and little is being done about it, according to a report released Tuesday. Read Legislators often attach price tags, called "fiscal notes," to their bills. But agency officials who prepare the fiscal notes sometimes…
The Republic - The Legislature should change the way fiscal notes are prepared for legislation because these cost estimates are often inaccurate, biased and lacking in details, the West Virginia Center on Budget and Policy said in a report. Read These flaws stem from West Virginia's lack of a formal process that includes defined criteria…
The State Journal - In order to decide whether or not to vote for a piece of legislation, West Virginia's legislators often rely on fiscal notes. Read Calculated by various state agencies, fiscal notes are intended to give legislators information on the financial impact of a particular bill, how much a new law will cost…
Washington Post - Fiscal notes, legislative analysis, cost estimates — call it what you want, but the official price tags attached to bills are a key part of legislating at every level of government. Read Many states have dedicated legislative analysts, and virtually every state has at least some way of estimating the fiscal impact…
Charleston Daily Mail - Democrats and Republicans agree the process for estimating the cost of proposed legislation is often biased and unreliable, according to a survey by a West Virginia think tank. Read The West Virginia Center on Budget & Policy, a liberal-leaning nonprofit, issued a report Tuesday calling for changes in the creation of…
Charleston Gazette - State tax collections continued to run about 3 percent below estimates in October, dragged down by personal income tax collections that fell $7.78 million below projections, deputy Revenue secretary Mark Muchow said Monday. Read "The biggest issue is a lack of significant growth in wages and salary income from this time a…
Charleston Gazette - With recent statistics pointing out that almost 30 percent of West Virginia's children under age 5 live below the poverty level, and 43,254 West Virginians under age 18 lived in poverty in 2008, it is baffling to consider that so much of the remedying of this atrocity is shouldered by organizations --…
Charleston Gazette - If an additional Kanawha County Schools excess levy is passed Nov. 9, the county will join 21 others around the state that already collect the maximum amount of property taxes legally allowed for education purposes. Read If passed, tax rates in Kanawha County -- the state's largest -- would be about 15…