Tuesday, April 27, 2010
Huntington Considers Tax Structuring
WEST VIRGINIA....
Huntington City Council members met Monday night to hear the reading of an ordinance meant to change Huntington's fee and tax structure by replacing the city's $3 user fee with a 1-percent occupation income tax and restructuring the tax collection system so that it's not all just fee based. The changes would be made through the home rule legislation passed by the State Legislature which estimated the tax could generate $8-11 million in new revenue for the city.
Huntington City Council members met Monday night to hear the reading of an ordinance meant to change Huntington's fee and tax structure by replacing the city's $3 user fee with a 1-percent occupation income tax and restructuring the tax collection system so that it's not all just fee based. The changes would be made through the home rule legislation passed by the State Legislature which estimated the tax could generate $8-11 million in new revenue for the city.
# posted by Homer Owens @ 8:40 PM 
