Stephen Noble Smith on Tax Reform



Institute a lobbying tax

Institute a lobbying tax. Out-of-state corporations will pay a $10,000 lobbying license fee. Non-profit organizations and in-state companies will pay a $100 lobbying license fee. The first $10,000 in lobbying expenditures will be taxed at a 10% rate. Every additional dollar will be taxed at a 100% rate.
Source: 2020 W.V. Gubernatorial campaign website WVCantWait.com.com , Jan 24, 2020

Shift tax breaks to small, local businesses

Shift tax breaks to small, locally-owned businesses, and away from their competitors. Work with the Department of Commerce to create a $75 million annual package of tax credits and incentives that are exclusively available to locally-owned small businesses (100 employees or less). The exact package of tax credits would be determined by small business owners, with a particular focus on reducing costs to be able to afford a raise in the minimum wage to $15.
Source: 2020 W.V. Gubernatorial campaign website WVCantWait.com.com , Jan 24, 2020

Half-penny wealth tax over $2 million nonresidential assets

A half-penny wealth tax on people with more than $2 million in nonresidential property assets would generate enough revenue to build the best education system in the country (child care for every working family, teacher and school service worker compensation to compete with neighboring states, higher education for every student, and debt relief for every West Virginian or out-of-stater working for the public good) and mount a world-leading response to the drug crisis.
Source: 2020 W.V. Gubernatorial campaign website WVCantWait.com.com , Jan 24, 2020

Wealthy should pay same cumulative tax rate as workers

This is the richest time in West Virginia history, in real GDP per capita. But that wealth doesn't stay here. That wealth is destined for the pockets of coal executives, Chinese investors and other out-of-state interests. If the wealthiest West Virginians paid the same cumulative tax rate as the cashier at Dollar General, we'd generate $525 million per year (enough to pay for every West Virginia student in college, vocational school or an apprenticeship and have hundreds of millions left over).
Source: Charleston Gazette-Mail on 2020 W.V. Gubernatorial race , Jan 10, 2019

Other governors on Tax Reform: Stephen Noble Smith on other issues:
WV Gubernatorial:
Ben Salango
Jim Justice
Michael Folk
Ron Stollings
Woody Thrasher
xEdwin Ray Vanover
WV Senatorial:
Carte Goodwin
Don Blankenship
Evan Jenkins
Joe Manchin III
John Raese
Patrick Morrisey
Paula Jean Swearengin
Richard Ojeda
Shelley Moore Capito

Gubernatorial Debates 2021:
Murphy(D) vs.Ciattarelli(R)
Northam(D,term-limited) vs.Herring(D) vs.Chase(R) vs.Fairfax(D)

Gubernatorial Debates 2019:
Bevin(R) vs.Goforth(R,lost primary) vs.Adkins(D,lost primary) vs.Beshear(D) vs.Edelen(D,lost primary)
Edwards(D) vs.Rispone(R) vs.Abraham(R) vs.Kennedy(R,declined)
Bryant(R,retiring) vs.Foster(R) vs.Hood(D) vs.Reeves(R) vs.Waller(R)

Gubernatorial Debates 2020:
DE: Carney(incumbent) vs.Williams(D) vs.Murray(R) vs.Bonini(C)
IN: Holcomb(incumbent) vs.Melton(D) vs.Myers(D)
MO: Parson(incumbent) vs.Galloway(D) vs.Neely(R)
MT: Bullock(retiring) vs.Fox(R) vs.Perry(R) vs.Gianforte(R) vs.Stapleton(R) vs.Olszewski(R) vs.Neill(D) vs.Schreiner(D) vs.Cooney(D) vs.Williams(D)
NC: Cooper(incumbent) vs.Forest(R) vs.Grange(R) vs.Pisano(C)
ND: Burgum(incumbent) vs.Coachman(R) vs.Lenz(D)
NH: Sununu(incumbent) vs.Volinsky(D) vs. fsFeltes(D)
PR: Rossello(D) vs.Garced(D) vs.Pierluisi(D)
UT: Herbert(retiring) vs.Huntsman(R) vs.Cox(R) vs.Burningham(R) vs.Newton(D) vs.Hughes(R) vs.Peterson(D)
VT: Scott(incumbent) vs.Holcombe(D) vs.Zuckerman(D)
WA: Inslee(incumbent) vs.Bryant(R) vs.Fortunato(R) vs.Culp(R)
WV: Justice(incumbent) vs.Folk(R) vs.Thrasher(R) vs.Vanover(D) vs.Smith(D) vs.Ron Stollings(D) vs.Salango(D)
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Page last updated: Dec 17, 2020