WOWK, WBOY - Gov. Jim Justice (R-WV) signed the largest tax cut in West Virginia state history into law on Tuesday. Read the full article. Here’s how it will work: Right now, a person making $80,000 per year pays $5,200 in state income tax each year. By slashing income taxes by nearly a quarter, you…
WVCBP in the News
West Virginia Record - Gov. Jim Justice has signed what is being called the largest tax cut in state history. Read the full article. Flanked by state Senate President Craig Blair and House Speaker Roger Hanshaw, Justice signed House Bill 2526 into law March 7 during a ceremony at the Culture Center on the state…
WTAP - Governor Jim Justice today signed into law what he calls the largest tax cut in West Virginia history. Read the full article. House Bill 2526 will reduce personal income tax for all West Virginians, provide property tax rebates for business owners and install trigger conditions for other tax cuts in the future that…
WCHS - Flanked by lawmakers, some of whom he had waged a war of words with over proposed tax reform, West Virginia Gov. Jim Justice signed the largest tax cut in state history that totals more than $750 million. Read the full article. “I sincerely thank Speaker (Roger) Hanshaw and (Senate) President (Craig) Blair –…
WCHS, News Break - The largest income tax cut in state history is now headed to West Virginia Gov. Jim Justice for his consideration after it passed the House of Delegates, but a nonprofit group is questioning whether the state can foot the bill for these tax cuts. Read the full article. House members OK'd…
Center Square - The West Virginia House passed a record tax cut on over the weekend that will ultimately have an $817.8 million annual impact, according to a fiscal note on the bill. Read the full article. The bill, which passed the West Virginia Senate a week before, also includes a rebate on the state’s ad valorem…
Times West Virginian - Jeers to the GOP Supermajority in the West Virginia Legislature for disregarding the facts and plain, simple history. They listened to anti-tax proponent Grover Norquist to inform how they want to cut the state’s income tax, the same architect behind Kansas’ failed tax cuts of a decade ago. According to research…
West Virginia MetroNews - Delegates took up and then passed a multi-faceted tax cut bill late in a Saturday session, reaching legislative consensus on an issue that has roiled this regular session. Read the full article. “This is lowering the tax burden for the people of West Virginia,” said Delegate Marty Gearheart, R-Mercer. Delegates passed…
Charleston Gazette-Mail - When I heard that the state Senate rushed through yet another personal income tax cut proposal, it made me feel like I’m living in a very unfunny version of the movie "Groundhog Day." Read the full op-ed. For those of us not experiencing much of what Gov. Jim Justice has called a…
Center Square - West Virginia collected $407 million in taxes and fees in February, more than $110 million ahead of the budgeted estimate for the month. Read the full article. That puts the state $1.1 billion ahead of the budgeted estimates for the fiscal year through nine months. The $4.1 billion in total collections for the fiscal…