In a recent government meeting, West Virginia Governor Jim Justice addressed key issues concerning a potential special legislative session and the financial future of the Greenbrier resort.
During the session, Governor Justice confirmed his ongoing discussions with legislative leaders regarding a proposed 5% tax cut and assistance for childcare. He emphasized the importance of these measures, stating that the state's substantial budget surplus of $826.6 million and over $1 billion in the rainy day fund make such initiatives financially feasible. Justice argued that reducing personal income tax would significantly benefit West Virginia's economy, asserting, \"There is nothing that will drive more goodness to the state of West Virginia than getting rid of your personal income tax.\"
The governor also responded to inquiries about the Greenbrier resort, which is reportedly facing auction due to financial difficulties. Justice expressed optimism about resolving the situation, attributing the challenges to a complex mix of personal and financial issues, including a partnership with JP Morgan that has recently soured. He suggested that the circumstances surrounding the loan's sale may be politically motivated, linking it to his Senate campaign. \"This is all about Jim Justice running for the Senate,\" he claimed, suggesting that external pressures are influencing the resort's financial struggles.
Justice reassured the public that he is committed to finding a resolution for the Greenbrier, which employs nearly 2,000 people, and expressed confidence in his family's ability to navigate the current challenges. The governor's remarks reflect a broader strategy to bolster the state's economy while addressing immediate financial concerns for both families and local businesses.