Charleston Gazette-Mail, Huntington Herald-Dispatch - Gov. Jim Justice on Thursday unveiled the long-awaited details of his proposal to cut the state personal income tax — a plan that would use more than $900 million a year in tax hikes to partially offset a $1.07 billion reduction in income tax revenue. Read the full article. Justice,…
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The final tax bill that Republicans in Congress are poised to approve would provide most of its benefits to high-income households while raising taxes on many low- and middle-income West Virginians. While the bill goes into effect in 2018, many of the provisions directly affecting low- and middle-income individuals and families would all expire after…
For Immediate Release Contact: Caitlin Cook, 304.543.4879 [Charleston, WV] - After the House of Representatives voted today to pass the Republican tax bill, Ted Boettner of the West Virginia Center on Budget and Policy released the following statement:
More than five months after the declaration of a national emergency due to COVID-19, legitimate concern is growing that the burden placed on Supplemental Nutrition Assistance Program (SNAP) recipients to comply with the excessive paperwork needed to maintain their food assistance benefits could be heightening food insecurity in West Virginia. Last spring, West Virginia applied…
We at the WVCBP are closely monitoring the evolving federal budget process and its potential impact on critical programs like Medicaid and SNAP. House leadership recently delayed key committee markups on the budget package, including in the House Energy and Commerce Committee. These markups are now expected next week, the week of May 12. That…
Health care is a funny thing. Everyone needs it, yet lots of people can't afford it, and hospitals have to treat them regardless. Treatment prices vary wildly depending not only on where you live but where you go and whether or not you have insurance. Oddly, those without insurance are almost always charged more for…
New SNAP restrictions included in the federal debt ceiling deal will impact West Virginia more severely than any other state on a per capita basis due to the Mountain State’s aging population. Nationwide, nearly 750,000 older adults aged 50-54 will be at risk of losing their food assistance due to these new provisions, including 7,000 in West…
In executive orders issued on Saturday, August 8th, the President announced plans to address the eviction crisis, expired unemployment insurance benefits, student loan relief, and a payroll tax cut. President Trump's executive actions are far too meager, ineffective, and legally dubious to address the crisis that families in West Virginia and across the nation are…
Despite record-low unemployment rates and fully recovered employment and labor force participation rates, West Virginia is still down 24,300 jobs from its pre-pandemic level. The primary driving force behind this discrepancy is that West Virginia continues to experience population loss. While there is currently a higher percentage of West Virginians working than there was during the height…
With the end of West Virginia’s 2023 fiscal year on June 30 came bold declarations about the strength of West Virginia’s economy and its historic revenue surplus. A deeper dive into the state’s tax receipts for the year reveals more of a mixed bag: strong tax receipts in the first half of the year slowing…