The recent defeat of Kanawha County's proposed education excess levy has put the spotlight on property taxes, creating an opportunity to discuss how West Virginia's property taxes compare to the rest of the country. While adding up the number of specific levy rates is a poor way to measure tax burdens, actually comparing property taxes…
Blog
In today's Charleston Gazette, two Marshall University professors should get a slap on the back for speaking truth to power. In a forum on cuts to higher education spending, the two professors had the following reactions when Delegate Nancy Guthrie and other legislators said they couldn't raise taxes on coal and soda to fund higher…
The news headlines have been dominated recently about people who have had their health insurance plans cancelled and opponents of the Affordable Care Act are using it to attack the law. Let's ignore the rhetoric for a moment though and take a look at the facts and what it means for us as West Virginians. Spoiler…
West Virginia's booming natural gas production has led to more than just drilling jobs and severance taxes, it has also increased the state's property tax base. Since 2005, the total assessed value of property in the state has increased from $57.9 billion to $86.6 billion, an increase of 49.5%. And while the growth has been…
According to a relatively new report from the WVU Bureau of Business & Economic Research, the Mountain State is predicted to see average annual job growth of just one percent over the next five years. While many may see this as positive news for the state - especially given the recent economic recession and austerity at the…
Members of the state's media have once again refused to accept that the state's recent series of tax cuts have directly lead to its ongoing budget problems. Last week Budget Office Director Mike McKown told legislators that the state budget faces an $80 million gap that will be need to be closed before the end of…
As Ted first pointed out back in August, the 2009 Recovery Act's temporary boost in Supplemental Nutrition Assistance Program (SNAP) benefits ends on November 1, 2013, which will mean a benefit cut for each of the nearly 48 million SNAP recipients in the country, including 350,000 here in West Virginia. Without the Recovery Act's boost,…
West Virginia Senator Joe Manchin announced this week that he is working on a bill delaying the individual mandate of the Affordable Care Act for one year. On the surface, that sounds like it might be a perfectly fine idea, but here's the rub: it won't work. All in all, even though it may seem…
Another day, another budget presentation that fails to mention the tax cuts that are at the heart of our state budget woes. According to the Gazette, the State Budget Director informed an interim committee that the current budget faces a $80 million shortfall and next year's budget will face a gap of $260 million. This…
Source: Kaiser Family Foundation, State Decisions for Creating Health Insurance Marketplaces Almost all of the success in the Obamacare roll out to date has occurred in the dark blue states. Note, West Virginia is not dark blue. On the very same day that the federal government shutdown a few weeks ago, the Obamacare online Marketplace,…