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December 19, 2011 by
Will the Business Personal Property Tax Deter a Cracker Plant?

Today's Daily Mail had an article about a proposed tax incentive designed to lure a potential "ethane cracker" to West Virginia. The proposal would reduced the assessment rate for property taxes from 60% to 5% for the cracker facility. This would dramatically lower the facility's property tax burden, to the tune of about $500 million over the next…

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