Mineral News and Tribune – Discussion reached some tense levels at times Thursday evening as the Mineral County Commission presented a public meeting on Amendment 2 which will be on the ballot for November’s general election.
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Amendment 2, known as the “Property Tax Modernization Amendment,” would give the West Virginia State Legislature the authority to eliminate taxes on machinery and equipment owned by businesses as well as individuals’ personal property such as vehicles and boats.
In passing the amendment earlier this year, legislators said it was designed to enable them to offer a tax break to either help existing businesses or entice those looking to locate in West Virginia, but city and county officials say it will slash their operating revenue to the point that they may have to cut services to the public.
