State can't afford coal tax break

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Wed, Feb 3, 2010

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Post by Researcher , Coal Researcher

Kentucky.com reports that the State can’t afford coal tax break:

For 50 years, Kentucky taxpayers have subsidized the use of coal (any coal, not just Kentucky coal) by the state’s utilities…Coal purchased to generate electricity is exempt from the state’s 6-percent sales tax. Other fuels such as natural gas enjoy no such favor.

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