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Documents 61 - 70 of about 6,487 matching the query, best matches first.
minimum coaltax to recoup part of the 13-year windfall grabbed by mine owners taking unfair advantage of the now-defunct supertaxcredit? Caperton advanced that commendable idea last week as a way to. fund a teachers' raise. Then,... Published: Friday, March 16, 1990 Words: 303
SUPPOSE A COAL COMPANY REPORTS THAT IT HAS HIRED. 100 new miners and, in return, state officials grant the firm a supertaxcredit reducing its tax bill by $1 million. Why should this be hidden from West Virginians? When $1 million... Published: Tuesday, June 26, 1990 Words: 231
When the state government gives a supertaxcredit to a company for creating jobs, the writeoff is the same as an outlay from the treasury. Since all state expenditures must be revealed to the people, credits to corporations likewise... Published: Saturday, June 23, 1990 Words: 244
and close plants." Nowhere is that more apparent than in the huge sums bestowed on coal companies. Around 80 percent of the "supertaxcredit" money given away by the state goes to the coal industry, which wasn't supposed to be eligible... Published: Sunday, August 07, 1994 Words: 688
10 years ago, the Legislature passed the Business Investment and Jobs Expansion Credit Act of 1985, popularly known as the "supertaxcredit" bill. Did it spur investment? Yes. Coal companies soon got the lion's share of the credits... Published: Tuesday, February 21, 1995 Words: 582
year. Property in West Virginia will be taxed equitably, including out-of-state excess land-holding to fund education. The "supertaxcredit" abuses by coal companies and other industries will be stopped, adding $20 million to state... Published: Monday, February 05, 1990 Words: 232
advantage over coal dug in Kentucky. The West Virginia Department of Tax and Revenue figures the large companies using the SuperCredit sell their coal at a 5 percent leg up on coal from Kentucky, In an industry as hard pressed and... Published: Wednesday, May 02, 1990 Words: 231
coal translate directly into important education, government and community services," Hamilton said. The controversial supertaxcredit program, passed in 1985, saves coal companies more than $70 million a year in taxes. Even with these... Published: Tuesday, May 31, 1994 Words: 766
reserves. Super credits gave the industry a big boost, but did not. increase jobs. A Tax Division report revealed supercredit companies employed 1,300 fewer miners in 1988 than they did in 1985. White said employment would have dropped... Published: Monday, August 20, 1990 Words: 1240
got less," Muchow said. "The supertaxcredit is not the vehicle of the future," Lowe said. Created in 1985, the supertaxcredit program was designed to attract new manufacturing, such as the Saturn auto plant which eventually located... Published: Sunday, December 12, 1993 Words: 687