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Taxes a burden

September 4, 2014

Where’d all the money go? If you spent part of the Labor Day weekend paying bills, that question may have entered your mind. I may be able to help with a partial answer: Washington....

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Bware1

Sep-04-14 3:06 PM

Deep pockets, shallow skills. Our State of Universal disservice. Last year West Virginia gave away $1.7 billion in tax favors and incentives to businesses, which on a per capita basis, is the second highest level of corporate subsidies in the nation.

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Bware1

Sep-04-14 3:06 PM

In addition West Virginia has also cut business taxes so much that, on a percentage basis, corporations in West Virginia contribute only half as much to state government in income taxes as they used to.

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Bware1

Sep-04-14 3:05 PM

Additional cuts have already been enacted that will further reduce businesses contributions to only a third of what they were. And what is there to show for it?

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Bware1

Sep-04-14 3:05 PM

In short, West Virginia has aggressively lowered business costs through tax cuts, regulatory reform and outright subsidies and the promised results have been non-existent. So, what is the solution for this abject failure? Our elected officials want to do more of the same. That's a whole lot of money being spent with little to

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Bware1

Sep-04-14 3:04 PM

With that much money floating around, someone must be getting rich. And I would be remiss as a citizen for not speaking out.

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Bware1

Sep-04-14 3:04 PM

Having slashed business taxes and provided lavish subsidies, West Virginia law makers will now push to help businesses cut workers wagers on the promise that, if we discount ourselves just a little bit more, prosperity will ensue. Never mind the fact that West Virginia has the fourth lowest cost of doing business in the nation.

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