The Charleston Gazette -- The good folks over at the West Virginia Center on Budget and Policy just posted a fascinating new item on their blog. Read
WVCBP in the News
The State Journal -- According to an analysis by the West Virginia Center on Budget and Policy, West Virginia's severance tax collections comprised about 11.1 percent of the state's general revenue budget. As a share of state revenue, West Virginia ranks 7th in the nation for dependence on severance tax collections. Read
The Herald-Dispatch -- Just this week, the West Virginia Center on Budget and Policy tried to focus attention on the idea. The center, a progressive think tank, has proposed that the state place an additional one percent severance tax on coal and natural gas in order to raise an estimated $5.8 billion over the next…
WV Public Broadcasting -- A former governor of the state of Wyoming visits with lawmakers today to discuss West Virginia's future and Michael Sullivan will discuss that with us on The Legislature Today. Visit
The Charleston Gazette -- The Center, a progressive think tank, proposed last week that West Virginia impose an additional one percent severance tax on coal and natural gas to funnel money to a similar project, which could raise $5.8 billion in revenue over the next quarter-century. Read
The State Journal -- According to an assessment by the West Virginia Center on Budget and Policy, the cracker would forego revenues of about $303.9 million as a result of the tax incentive. Read
Public News Service -- The West Virginia Center on Budget & Policy estimates a one percent hike in severance taxes on gas and coal would yield $35 billion over the next 23 years. Read
The Charleston Gazette -- West Virginia should start an "Economic Diversification Trust Fund," using extra severance taxes from gas, oil and coal. That's a suggestion by the West Virginia Center on Budget and Policy. It recommends a trust fund modeled after those created in mostly Western states in the 1970s. Read
The State Journal -- The fiscal note attached to the ethane cracker tax incentive in the West Virginia Legislature reads $0, but a more accurate number, a progressive policy analyst group says, would be closer to $300 million. Read
The Charleston Gazette - Sustained Outrage -- The good folks at the West Virginia Center for Budget and Policy have a fascinating report out this morning that examines the potential costs – in revenues lost to local governments and school systems — because of the Legislature's big rush to pass Gov. Earl Ray Tomblin's tax…