Momentum Builds for Severance Tax Hike, Coal Industry Leader Says If Workers' Comp Rates Go Down, Tradeoff Might Be Worthwhile

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DAILY MAIL STAFF

Flanked by 15 or so business and labor leaders, Gov. Joe Manchin today said an "aggressive and bold plan" is in the works to change fundamentally the way the state would address the nearly $4 billion Workers' Compensation debt.

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Momentum Builds for Severance Tax Hike, Coal Industry Leader Says If Workers' Comp Rates Go Down, Tradeoff Might Be Worthwhile

"This is not a perfect piece of legislation," Manchin said at a morning press conference. "But it's something we know we have to do."

While it's not known exactly what the proposed legislation would do, Manchin said it was important to manage the debt to reduce premiums to coal and other companies.

Increasing the severance tax on coal, natural gas and timber would be a p...

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