Big Price Tags – Few Details
Check your news feed or pick up a newspaper and you’re sure to find a story about some huge federal or state project with price tags so large that you can hardly wrap your mind around the figures. Are our tax dollars being used wisely? Do we know what we’re getting for our tax dollars?
Where Does It All Go?
In West Virginia alone, billions of tax dollars are spent each year on public works projects that include local roads, bridges, and schools and other public infrastructure. But there are some very upsetting facts about this spending.
Right now, West Virginians are losing millions of dollars in personal income and tax revenue because of an ill-advised decision that eliminated West Virginia’s Prevailing Wage Law in 2016. A recent study estimated that our state is losing between $55 to $84 million a year to out-of-state companies due to the repeal of this important law.