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Latest News

Union Membership Boosts Pay for Workers in West Virginia

Belonging to a Union Raises Wages for Workers by 11 Percent and Low-Wage Workers by 16 percent according to a new study released jointly by the Center for Economic and Policy Researchin Washington, DC, and the West Virginia Center on Budget and Policy in Charleston.

New Report Shows WV's Wealthiest Pulling Away from the Rest

The income gap that separates West Virginia’s wealthiest families from the rest of the state’s households has widened dramatically over the past two decades, according to a study released today. Read More »

CBP Issues Report on SCHIP

The West Virginia Center for Budget and policy issued a new Report discussing the implications of the Medicare, Medicaid and SCHIP Extension Act recently passed by Congress. The Extension Act provides funds to cover more children. The Fact Sheet shows why now is the time to expand SCHIP coverage in West Virginia.
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Recent Reports

High Costs, Dubious Benefits: The Fiscal Impact of Tax Cuts in SB 680 and SB 465

This report shows if SB 465 and SB 680 are adopted it will cost the state $531 million in lost revenue by FY 2017. The report highlights the long-term consequences of proposed business tax cuts and recently enacted tax cuts. The lost state revenue due to business tax cuts enacted over the last two years and those being proposed in SB 465 and SB 680 is over $1.2 billion over eleven years or $210 million per year once fully implemented. Read More »

Combined Reporting: How It Works and Why We Still Need It

Last year the state legislature passed a law which will make West Virginia a “combined reporting” state for corporate tax purposes effective in 2009. The law also included a sharp reduction in the business franchise tax rate from .55 percent to .20 percent over the next six years. The combined reporting measure will close several corporate tax loopholes and increase state revenue by an estimated $33 million. In contrast, business franchise tax reduction will cost the state $75 million per year. The net loss to the general revenue will be $43 million annually.Read More »

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The West Virginia Center on Budget and Policy is a policy research organization that is nonpartisan, nonprofit, and statewide. It focuses on how policy decisions affect all West Virginians, including low- and moderate-income families, other vulnerable populations, and the important community programs that serve them. The Center provides accurate, transparent policy analysis and is a credible source of information on state fiscal issues. | Learn More

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Your Map to the State's Budget

West Virginia Map Your Map to the State's Budget provides citizens and policymakers with a roadmap of how our state invests it's resources and generates revenue, how our tax system is structured, how we compare to other states and a brief overview of the budget process. We hope this guide will help you navigate the fiscal decisions that shape your lives everyday and how to influence, or change, those decisions. Download Your Map to the State's Budget