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Opinion | West Virginia’s Tax-Cut Crossroads

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Opinion | West Virginia’s Tax-Cut Crossroads


West Virginia Gov. Jim Justice



Picture:

Chris Jackson/Related Press

West Virginia lawmakers need their state to turn into a vacation spot for folks and funding, and GOP Gov.

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Jim Justice

has proposed a serious tax minimize to assist. However he’s going to have to beat misguided opposition from the Republican Legislature.

Mr. Justice’s plan would minimize West Virginia’s high income-tax charge to three.25% from 6.5%. The complete discount would section in by way of 2025, starting with a 30% minimize this yr. “It would take us three years to tug it off,” Mr. Justice stated in his State of the State tackle. “However completely it’s that aggressive pathway that may completely put unbelievable cash proper again into all of our pockets.”

The proposal is formidable, nevertheless it isn’t radical by any measure. The speed minimize would assist the state compete for funding with its neighbors, a lot of which have additionally slashed charges. West Virginia’s present 6.5% high charge is greater than these within the 5 states that encompass it. That features Ohio (3.99%) and Kentucky (5%), which have handed cuts since 2021, in addition to Virginia (5.75%), which is contemplating a minimize.

That’s why the GOP-led state Home handed the plan final month, 95-2. But the invoice has faltered within the Senate, regardless that the GOP holds 31 of 34 seats.

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The opposition is led by Senate finance committee chairman

Eric Tarr

and Senate president

Craig Blair.

“It’s unsafe for your loved ones, since you’re going to now financial institution on a rise in income,” Mr. Tarr says. “Then a future legislature goes to have to return and say, ‘Oops, we’re going to have to return and lift taxes someplace.’”

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That’s the same old line from politicians who wish to preserve extra income for themselves, nevertheless it doesn’t wash in West Virginia as we speak. The Mountain State completed fiscal 2022 with a report $1.3 billion surplus, which equals about 28% of deliberate spending for 2023. The state’s financial system is benefiting from excessive costs and demand for coal and pure gasoline, however the state must diversify its financial system for the longer term.

Mr. Justice’s tax invoice units apart $700 million for a reserve fund to assist with any income downturn. That’s on high of the state’s almost $1 billion wet day fund. “In years previous we haven’t had billions of {dollars} of surplus,” Mr. Justice advised the press not too long ago, saying the time is true to return funds to taxpayers.

The GOP Senate handed its personal plan this month backed by Mr. Blair, who doesn’t wish to give Mr. Justice a political victory. The Senate plan cuts earnings taxes by 15%, whereas providing a hodgepodge of rebates, corresponding to subsidies for veterans’ properties and small-business tools. These provisions would draw far much less funding and lots of fewer new residents than the Governor’s plan, which is why Mr. Justice has gone on the street to pitch his 50% minimize to voters.

The tax-cut dispute comes at an optimistic second for West Virginia’s financial system. Although nonetheless the Forty ninth-ranked state by earnings, it drew extra home migrants than it misplaced final yr, for the primary time in a decade. The Governor and Senate will proceed to speak and a compromise is probably going. However the Governor’s plan would do way more to boost incomes and put together the state’s financial system to outlive the left’s battle on fossil fuels.

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Copyright ©2022 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Appeared within the February 21, 2023, print version.



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West Virginia

Bond reduction request denied for Charleston man accused of shooting at neighbor, deputies

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Bond reduction request denied for Charleston man accused of shooting at neighbor, deputies


VIDEO: Man who allegedly shot at neighbor, Kanawha County deputies identified


KANAWHA COUNTY, WV (WOWK) — A man accused of shooting at his neighbor and then at deputies earlier this month had his bond reduction request denied Monday afternoon.

Chase Nelson, 32, of Charleston is being held in the South Central Regional Jail on a $250,000 cash-only bond, the West Virginia Division of Corrections and Rehabilitation website shows.

Nelson’s case will now go to the grand jury and the circuit court can deal with bond adjustments.

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According to the Kanawha County Sheriff’s Office, Nelson shot at his neighbor around three times on June 7. They said Nelson lived on McCubbin Drive, which is adjacent to Coonskin Drive.

Deputies took cover behind a building and heard Nelson say a phrase at which point he shot twice toward the deputies, the criminal complaint said. The deputies were escorted to safety with an armored vehicle, according to the Kanawha County Sheriff’s Office.

With the help of SWAT Team Operators and the armored vehicle, Nelson was taken into custody. No injuries are being reported, according to the sheriff’s office.



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Part of West Virginia Route 2, Main Street, in Wheeling, closed for paving

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Part of West Virginia Route 2, Main Street, in Wheeling, closed for paving


A portion of West Virginia Route 2, Main Street, in Wheeling, will have the right lane closed between Tenth Street and 16th Street, from now to 5:00 p.m., beginning on Monday, June 17, 2024, through Friday, June 21, 2024, for paving.

Beginning on Monday, June 24, 2024, through Friday, June 28, 2024, the left lane will be closed from 7:00 a.m. to 5:00 p.m., for paving.

Motorists are advised to slow down and expect slight delays. Parking will not be permitted in the work zone.

Inclement weather or unforeseen circumstances may change the project schedule.

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Jerry West and Us – WV MetroNews

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Jerry West and Us – WV MetroNews


Feb 2, 2019; Morgantown, WV, USA; Former West Virginia Mountaineers player Jerry West is honored at halftime at WVU Coliseum. Mandatory Credit: Ben Queen-USA TODAY Sports

The news last week about the death of Jerry West was a stunner. Jerry West, dead? Of course, West, like the rest of us, faced mortality, but he was not like the rest of us, was he?

Unless we stopped to think about it, it just felt as though West would always be there. He was so etched in the psyche of West Virginians that he was immortalized.

Jerry West. Just saying his name in any sports conversation triggered stories. One old timer remembered seeing West play in the old Field House at WVU. Another remembered watching West’s heroics with the Lakers. Many others said West was their hero growing up.

As West Virginians, we clung to him desperately. Regardless of whatever disparaging remark was made about our state, no matter what struggles we endured, we always had Jerry West. His greatness was undisputed, and we basked in that.

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West fans suffered through WVU’s one-point loss in the national championship game to California in 1959 and the eight Laker losses in the NBA championships during his tenure, but West, by his own admission, internalized the losses as personal failures.

Finally, after the Lakers beat the New York Knicks to win the title in 1972, West said, “This is one summer I’m really going to enjoy.” However, that joy was short-lived since the Lakers lost the title game the following season to the Knicks.

Yet, through it all West was consistently recognized as one of the greatest players in league history. He is the only player on a losing team to be named MVP of the NBA finals (1969 loss to the Celtics). Perhaps that, more than anything, is indicative of his NBA career.

He is also regarded as one of the greatest sports general managers. He assembled the talent for the Laker dynasty in the 1980s and was responsible for the famous deal that brought free agent Shaquille O’Neal to Lakers, while drafting Kobe Bryant out of high school.

West was not a warm and fuzzy hero to us. As the New York Times wrote in West’s obituary, “Both [Roland] Lazenby’s biography and West’s own book depict him as a troubled perfectionist and a relentless, pitiless self-examiner—someone who, in West own words, was ‘aloof and inscrutable,’ possessed of ‘a demon-filled mind’ and unable to fully enjoy his many successes.:”

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That was on full display in West’s candid memoir, “West by West: My Charmed, Tormented Life.” He wrote of growing up in West Virginia, “I am the fifth of six children, raised in a home, a series of them actually, that was spotless but where I never learned what love was, and am still not entirely sure I know today.”

We wanted to meet him, talk to him, honor him, but West typically shied away from that.  He wrote, “I have always, all my life, experienced an odd sensation whenever I am singled out. I am embarrassed by the attention, uncomfortable with it.”

We did not know or fully understand this about our hero until that book was published 13 years ago, and we are fortunate that he had the courage to write so honestly about himself.  He gave us the opportunity to see him as more than a sports icon with GOAT statistics, but rather as a complicated, conflicted and tortured human being.

That autobiography was yet another example of West giving everything he had into a project, pushing through the emotional pain threshold to provide a brutally frank accounting of his life. Unfortunately, some will make judgements about West based on the inaccurate portrayal of him as a crazed and ill-tempered executive in the ham-handed HBO series “Winning Time: The Rise of the Lakers Dynasty.” West may have been driven to obsession, but he was not an angry maniac. West was deeply offended by the depiction, and we were too.

I wonder if West was ever able to appreciate what he gave to us? Whether he knew it or not, he carried us with him on those broad, square shoulders throughout his life. We celebrated his successes and suffered along with him at the defeats.

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Of course, he suffered more than all of us put together. That often comes with greatness; the agonizing belief that you are never quite good enough. But we know that Jerry West gave all that he had and more.

Even if he could not fully appreciate all that he accomplished, we as West Virginians did throughout his life, and we still can as part of his legacy.

 





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