W.Va. budget faces $80 million shortfall (Charleston: 2013, tax, guidelines)

[aeros71]

W.Va. budget faces $80 million shortfall* - News - The Charleston Gazette - West Virginia News and Sports -

The State leaders need to find ways to raise revenues inside the state while trimming some fat and waste.

This story highlights that the State needs a better transition plan for making up the lost tax revenue from the coal industry.

[CTMountaineer]

Originally Posted by aeros71

W.Va. budget faces $80 million shortfall* - News - The Charleston Gazette - West Virginia News and Sports -

The State leaders need to find ways to raise revenues inside the state while trimming some fat and waste.

This story highlights that the State needs a better transition plan for making up the lost tax revenue from the coal industry.

Yep, budget shortfalls, reduced budgets, reduced support for higher education, yet they find money for pork projects in business as usual. Insanity reigns supreme in our state government. Always has.

[cry_havoc]

Originally Posted by aeros71

W.Va. budget faces $80 million shortfall* - News - The Charleston Gazette - West Virginia News and Sports -

The State leaders need to find ways to raise revenues inside the state while trimming some fat and waste.

This story highlights that the State needs a better transition plan for making up the lost tax revenue from the coal industry.

Gee I wonder if 3 unneeded highways has anything to do with this?

[aeros71]

As I mentioned, I think this development highlights the fact the State does not have a good enough plan to transition our tax base with the decline in coal revenue. This is also a result of the stricter EPA guidelines on coal and those guidelines should have been phased in over a number of years to allow the State of WV to plan, find and grow another industry to replace coal.

The natural gas industry isn't producing enough tax revenue currently to fill that need and no other industry in the State can either.

[CTMountaineer]

Originally Posted by cry_havoc

Gee I wonder if 3 unneeded highways has anything to do with this?

You don't have to go that far to find reasons. Look at the pork being thrown around these days in state government while everyone else is being asked to do more with less. Just read the Charleston newspaper, and you won't even have to talk about highways.