TAXES PAID BY COAL INDUSTRY IN WEST VIRGINIA Source: Division of Tax and Revenue as of March 25, 2009, Mark Muchow.
SOURCE RATE TOTALS
Real & Personal Taxes (Active Operations) Real & Personal Taxes (Inactive Operations) Corporate Taxes Personal Income Taxes (Employees) Coal Severance Taxes Workers Compensation Tax Fuel Tax (Off-Road) Special Reclamation Explosives DEP Administration Coal Haulage (coal highways) | Varies by County Avg. Class III 2.17 percent Varies by County Avg. Class III 2.17 percent Income 8.5 percent Equity .48 percent Graduated rate 6.5 percent avg. 5 percent 56 cents per ton 11.7 cent per gallon 5 percent of avg. wholesale 14.4 cents per ton n/a 2 cents per ton (part of the special reclamation) 5 cents per ton | $70 million $14 million $25 million $100 million $400 million $80 million (Cannot Calculate) $21 million (est.) n/a $3 million (est) $2.5 million (est) |
Total taxes paid by industry to West Virginia = $712.5 million w/o fuel tax addition.
W/ fuel tax addition it could easily push $1 billion.