Blog Posts > Industry Reps Caution Raising Severance Taxes to Support Future Fund
August 27, 2013

Industry Reps Caution Raising Severance Taxes to Support Future Fund

West Virginia Public Broadcasting – Representatives of the oil and gas industries joined West Virginia legislators as they made their trip to North Dakota last week, focusing on that state’s Legacy Fund. They say creating a savings account based on tax revenues may be a good idea for the future of West Virginia, but are cautioning lawmakers that raising the tax rate is not the way to do it. Read

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