skip to main content
skip to newscasts

Sunday, December 14, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

FL advocates worry about the EPA delaying an important decision on emissions; WV is a leading state in criminal justice reform thanks to national backing; CA groups are celebrating a judge rejecting a federal moratorium on offshore wind; U of MI child care workers are fighting for a livable wage; gray whales might not be bouncing back as fast as previously thought; and NY advocates are celebrating a federal ruling saying the Trump Administration's wind energy ban was illegal.

view newscast page
play newscast audioPlay

The Senate fails to extend ACA subsidies all but ensuring higher premiums in January, Indiana lawmakers vote not to change their congressional map, and West Virginia clergy call for a moratorium on immigration detentions during the holidays.

view newscast page
play newscast audioPlay

Farmers face skyrocketing healthcare costs if Congress fails to act this month, residents of communities without mental health resources are getting trained themselves and a flood-devasted Texas theater group vows, 'the show must go on.'

Analysis: Business Property-Tax Cut Wouldn’t Bring Jobs

play audio
Play

Monday, January 14, 2019   

CHARLESTON, W.Va. – The governor and legislative leaders again are considering repealing the personal property tax for businesses.

But according to the West Virginia Center on Budget and Policy, it's unlikely to bring job growth.

Last year, lawmakers looked at ending that tax on inventory, machinery and equipment.

Sean O'Leary, a senior policy analyst the center, says most states tax either inventory, or machinery and equipment, or both.

He says comparisons have found no real connection to growth no matter what states do.

"Since the end of the recession, there's no real clear link between states that have this tax, states that don't have this tax, and growth rates,” he points out. “And states that have neither of the taxes have actually grown less than the states that have both."

Leaders at the Legislature say repealing the tax would get more businesses to locate in the state.

But O'Leary says the tax is just a "fraction of a fraction" of a company's costs – not nearly enough to change anyone's mind.

He says West Virginia is "fairly middle of the road" in the way it structures these taxes.

The state has a very low property tax rate overall.

O'Leary says part of that is because it applies the tax to a broad range of things.

He says states that do not tax inventory, machinery or equipment have to make up the income by raising other kinds of property taxes.

"So their land and buildings are getting taxed at a much higher rate than they are in West Virginia,” he explains. “So the savings that they would have doesn't really add up to anything."

Supporters say eliminating the tax would cost the state about $140 million a year, once it's fully in place.

O'Leary says the real total price tag would be more than $300 million a year, with much of the cost landing first on county school systems.

He notes the state would have to reimburse the schools for the lost revenue, and that strong public education is much more likely to boost employment.


get more stories like this via email

more stories
Lt. Gov. Micah Beckwith said he does not know what was discussed during a Thursday closed-door Statehouse meeting with Vice President JD Vance and Gov. Mike Braun. (Adobe Stock)

Social Issues

play sound

By Kyla Russell for WISH-TV.Broadcast version by Joe Ulery for Indiana News Service reporting for the WISH-TV-Free Press Indiana-Public News Service C…


Social Issues

play sound

Rural LGBTQ+ youth in Indiana face greater mental health challenges, but have found ways to build community online, according to a new report…

Social Issues

play sound

By Marilyn Odendahl for The Indiana Citizen.Broadcast version by Joe Ulery for Indiana News Service reporting for the Indiana Citizen-Free Press India…


Indiana University's summit includes a session about a new Registered Apprenticeship Program aimed at boosting the teacher workforce. (Adobe stock)

play sound

An Indiana-based summit meeting will spotlight how university campuses can help power economic growth across the state. Indiana University hosts its …

Social Issues

play sound

Groups fighting for a free and fair judicial system are speaking out against violence, threats and insults targeting judges in Indiana and across the …

Experts recommend not overscheduling kids in the first few weeks of school because they are often more tired and emotionally drained as they adjust to a new routine. (Adobe Stock)

Health and Wellness

play sound

Indiana families are preparing kids for back-to-school season, and mental-health experts say emotional readiness is just as important as school …

Environment

play sound

The Trump administration's long-term plan for artificial intelligence could have far-reaching environmental impacts across the country. His strategy …

Social Issues

play sound

A public funding mechanism for Seattle elections is up for renewal in next week's election. The Democracy Voucher program was passed 10 years ago…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021