WV Center on Budget and Policy > Press > WVCBP in the News > Tomblin Rejects Funding Development Plan with Severance-Tax Hike

Tomblin Rejects Funding Development Plan with Severance-Tax Hike

February 2, 2012

The Charleston Gazette — Tomblin rejected the proposal floated earlier this week in a report from the West Virginia Center for Budget and Policy. The Center said an additional one percent severance tax on coal and natural gas could raise $5.8 billion in revenue over the next quarter-century. Read