WV Center on Budget and Policy > Blog > Budget Beat > Boosting the Economy Through a West Virginia Working Families Tax Cut

Boosting the Economy Through a West Virginia Working Families Tax Cut

Learn More About A Tax Credit for Working Families

Join us for a free event to learn more about the economic impacts of a West Virginia Earned Income Tax Credit (EITC).

When: January 11 from 9:30 AM – 2:00 PM

Where: Embassy Suites, downtown Charleston

Who: Financial education practitioners, researchers and stakeholders, including representatives from the Richmond Federal Reserve, Marshall University, the West Virginia legislature and Duke University will discuss the effects of a state EITC on West Virginia’s economy and its families.

The event is free and registration is required to reserve lunch.

Why: Gain a better understanding of how a West Virginia EITC could boost local economies while positively impacting families who earn low wages

REGISTER TODAY!

Sponsored by the West Virginia Alliance for Sustainable Families and the West Virginia Center on Budget and Policy.

 

 

 

 

 

 

 

Most States Providing Less K-12 Education Funding Now Than Before the Recession

Most states are providing less support for K-12 education funding now than before the Recession and some are still cutting funding eight years after the Recession began, according to a report released this week by the Center on Budget and Policy Priorities.

How is West Virginia doing? The state’s property tax revenue grew substantially in recent years, due in large part to natural gas drilling activity in the Marcellus Shale, which increased the local share while reducing the state share of the school aid formula.

So, unlike other states, West Virginia hasn’t had to cut K-12 funding because of budgetary pressures (although it has been cutting higher education funding for years). Instead the state’s share of K-12 funding through the school aid formula has fallen due to natural-gas-fueled property tax growth.

Read more in Sean’s blog post out today.

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Follow Us on Twitter and Facebook!

Do you miss us throughout the week? Don’t just wait for Friday’s Budget Beat. Stay in touch on Twitter and like us on Facebook!

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Have You Gotten Your Early Bird Discount for the Third Annual Budget Breakfast?

Take advantage of the early bird discount for this year’s Budget Breakfast by registering today!

This year’s keynote speaker is Alexandra Forter Sirota, Director of the North Carolina Budget and Tax Center, presenting, “Tax Cuts Poor Strategy for Shared Prosperity: Lessons from North Carolina.”

The event will kick-off with Ted’s annual preview of the governor’s upcoming budget. Join us on January 19 at the Charleston Marriott Town Center!

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Now Hiring!

Try This West Virginia is hiring an assistant director! This is a dream job for somebody who cares passionately about helping West Virginians build healthier communities.

The perfect candidate is a hardworking, effective person who knows how to make things happen. If that sounds like somebody you know – or if it sounds like you – please read the job description and forward it to people you think would be interested.

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