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West Virginia Fossil Fuel Severance Tax Impacts State Budget

Lower-than-expected income from fossil fuel severance taxes is putting the West Virginia state budget in a bind. Some advocate for raising the severance tax rate on natural gas.

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West Virginia Enacts Coal Tax Cut

Gov. Jim Justice signed bills dropping a tax on coal from 5 to 3 percent over the next three years and granting a 35 percent tax credit to coal companies buying new equipment for new or expanded mining operations.

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