Newspaper article Charleston Gazette Mail

Dunbar Council Hikes Sales Tax, Cuts B&O

Newspaper article Charleston Gazette Mail

Dunbar Council Hikes Sales Tax, Cuts B&O

Article excerpt

Dunbar City Council on Monday night voted unanimously to increase its sales tax and reduce its business & occupation tax. "Nobody likes raising taxes, Dunbar Mayor Terry Greenlee said. "But it is not on food, gas prescriptions or anything like that.

The two resolutions to implement a 1 percent sales tax and reduce B&O tax from .50 percent to .40 percent passed on second reading.

Greenlee said the change in municipal tax code is necessary to supplement the loss of coal severance tax.

The city estimates it will bring in an additional $530,525 in revenue after accounting for reduction in B&O taxes.

"But really what is going to help us is reducing the B&O taxes, which will hopefully attract new businesses, Greenlee said.

No one attended the Dec. 17 public hearing on the issue, Greenlee added. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.