Page 3 - Mark Muchow News Today

Decreases were expected in personal income tax revenues - and in severance taxes relating to a fluctuating coal, gas and oil market.

CHARLESTON, W.Va. (WV News) — Officials with the West Virginia Association of Counties are working to educate the public about what the states recently enacted tax cuts mean for future

HUNTINGTON — Year-to-date excess tax revenue in West Virginia is likely to exceed the $1.7 billion revenue surplus estimate set for the end of the current fis

HUNTINGTON — Year-to-date excess tax revenue in West Virginia is likely to exceed the $1.7 billion revenue surplus estimate set for the end of the current fiscal year by the end of May, one month early. Members of the Joint Standing Committee on Finance received a briefing Monday morning from Dave Hardy, secretary of the […]

Fifty years ago the famous African American folk singer Paul Robson forcefully sang the spiritual “Go Down Moses/Let My People Go” about people seeking to leave Egypt due to economic

High natural gas prices have fueled severance tax collections, contributing to the state’s overall good financial position, but collections may slow as prices drop in the second half of the

West Virginia's annual 60-day legislative session begins today. Yesterday, in preparation for the new session, the state's Revenue Secretary, Dave Hardy, and Deputy Secretary, Mark Muchow, gave a report on the state's finances to the Joint Committee on Finance. Hardy said state surpluses from taxes (particularly the severance tax) are "eye-popping and they're historic numbers."

CHARLESTON — Deputy Secretary of Revenue Mark Muchow wasn’t alarmed by West Virginia coming up about $10 million short in its personal income tax collection in November, telling state legislators

CHARLESTON — For at least four years, the West Virginia Legislature and Gov. Jim Justice seemed to be on the same page about tax reform.

CHARLESTON — For at least four years, the West Virginia Legislature and Gov. Jim Justice seemed to be on the same page about tax reform.