The Senate Finance Committee advanced a pay raise bill for public employees, but with a twist. The Senate’s version of the bill would tie an average 4% raise for public employees to whatever happens with an upcoming trigger on personal income tax cuts. If the trigger based on economic ...
Gov. Jim Justice’s call to eliminate the personal income tax on Social Security has become a three-year phase-out under a bill advanced Friday by the House Finance Committee. Leaders of the committee said they want to provide a tax break for seniors while also being cautious about the ...
MORGANTOWN – The West Virginia Center on Budget and Policy came to Morgantown Thursday evening to critique the tax cut plans brewing in the Legislature and to offer some ideas that they think are better uses for a budget surplus. Center Executive Director Kelly Allen met with some ...
MORGANTOWN – A bill to allow state residents to deduct medical expenses from their sate income taxes left senators who voted for it wondering how much it might cost the state. Those senators also approved a bill to permit Health Care Sharing Ministries – a faith-based health insurance ...
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 changes — if it doesn’t get scrapped entirely. But for our purposes, we’re going to discuss the proposal in ...
A week into the regular legislative session, debate over Gov. Jim Justice’s proposal to cut personal income taxes by half over three years is on maximum. The House of Delegates moved the bill toward Wednesday passage in that chamber, Senators quizzed Revenue Secretary Dave Hardy, and the ...