Business tax cuts not working as planned
By Phil Kabler, Statehouse Beat, Charleston Gazette-Mail
Revenue Secretary Bob Kiss was being brutally frank recently. He conceded that business tax cuts enacted in 2008 have helped create a “structural imbalance” that is contributing to near-monthly revenue shortfalls that over the past two years have forced severe spending and program cuts just to balance the state budget.
With most agencies and programs at the...