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Documents 71 - 80 of about 6,487 matching the query, best matches first.
any tax credits, Muchow said. The Legislature is currently considering two new taxcredit programs. They are much smaller than the supertaxcredit program and will produce a maximum of $11 million in new credits annually, if passed.... Published: Sunday, January 23, 1994 Words: 646
with increases of only about 14 percent on all other industries, the report says. It maintains that the controversial supertaxcredit program fails to minimize coal taxes, which still rose more sharply than taxes of most industries... Published: Tuesday, August 30, 1994 Words: 636
For example, the infamous supertaxcredit was part of West Virginia's attempt to win the Saturn plant. That attempt failed, but the supertaxcredit resulted in a nearly billion-dollar gift to the coal industry. So I already had a... Published: Friday, October 30, 1998 Words: 1047
the bill calling for disclosure of the names and addresses. of businesses with tax credits, the principal one being the supertax . credit that has been costing $60 million a year in taxes and has been a boon to the coal industry. Eventually,... Published: Sunday, July 01, 1990 Words: 1574
against taxes due to the state of West Virginia based upon continued business activity and income earned." Legislators created the supertaxcredit program in 1985, in an attempt to lure a Saturn auto assembly plant into the state.... Published: Sunday, February 09, 1997 Words: 558
Kanawha counties, which were to sell electricity to Virginia Power. All fizzled. But the biggest fiasco of all has been the SuperTaxCredit, which erases certain taxes on corporations providing at least 50 new. jobs. Coal companies... Published: Saturday, February 03, 1990 Words: 363
the market the way it has been and continues to be," White said, "there was not the financial incentive to make that investment. The supercredit made the difference." Mark Muchow, the Tax Department's chief tax analyst, is skeptical... Published: Sunday, March 25, 1990 Words: 448
to $10. million, at low interest rates under the state's Industrial and Trade Jobs Development Corp. After legislators loosened supercredit rules in 1986, Moore and former Energy Commissioner Kenneth R. Faerber held a "Coal Investment... Published: Sunday, May 27, 1990 Words: 690
lobby - which wanted no tax disclosure at all. Coal companies account for most of the 200 businesses that get $60 million of supertaxcredit write-offs annually, according to reports from the Department of Tax and Revenue. "For three... Published: Thursday, June 28, 1990 Words: 220
IS VASTLY HIGHER TODAY _ pumping profits to out-of-state owners mostly. Opportunism by coal owners was exposed in the supertaxcredit scandal. They took about $50 million a year in tax write-offs, supposedly for creating new jobs,... Published: Friday, June 15, 1990 Words: 347
