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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.