The West Virginia Legislature has finally wrapped up its regular legislative session. As we expected, the last few days were a marathon of chaos, with many bills just barely passing […]
Tag: income tax cut
Legislature’s math isn’t adding up
The House of Delegates Finance Committee advanced a $4.6 billion budget Wednesday, but it doesn’t account for upcoming changes to PEIA nor a compromise on tax cuts. Earlier in the […]
Comparing tax cut fantasies to reality
Of the tax cut plans on the table, the one proposed by the Senate (SB 424) is by far the most reasonable. As we previously reported, the plan starts with […]
Senate plan means tax cut talks can begin in earnest
Last week I wrote that Gov. Justice, Senate and House leaders needed to get together to begin serious negotiations on a tax reduction plan. In fairness, at that time the […]
Gov. Justice hopeful for progression of proposed income tax cut
Gov. Jim Justice is hoping for an answer soon from the state Senate about his proposal to cut personal income taxes. “I’m going to be more blunt. I’m going to […]
Gov. continues to stump for his income tax cut
Gov. Jim Justice, on the road to promote a big personal income tax cut, says the proposal is two-thirds of the way toward passage. One, he supports the tax cut. […]
Tax cuts would line richest’s pockets, drain state coffers
Yesterday, Gov. Jim Justice’s personal income tax cut, introduced as HB 2526, passed the House of Delegates and moved on to the Senate, where we’re sure it will undergo some […]
Money, money, money: State’s surplus continues to grow
The surplus money just keeps piling up in West Virginia’s treasury. The just-released revenue figures for the first four months of the 2023 fiscal year show the state has collected […]
Gov. says state can’t afford two tax cuts
Gov. Jim Justice, former supporter of property tax cuts for businesses, has concluded the state would get more economic juice from an income tax cut — and that it can’t […]
Legislative, business leaders promote tax-cut Amendment 2 during state chamber summit
MORGANTOWN – While the House and Senate remain at loggerheads over tax-cut legislation, the speaker and president sat in cordial agreement Friday on the importance of passing Amendment 2 in […]
