WV Farm Bureau Magazine January 2016 | Page 42

infrastructure and for farmland protection programs . The application of impact fees should not be included in property taxes .
181 . FOOD TAX
West Virginia Farm Bureau supports reinstating the food tax as a broad based tax .
182 . ROLL-BACK TAXES
West Virginia Farm Bureau is opposed to any rollback taxes .
183 . VALUE-ADDED TAXES
West Virginia Farm Bureau opposes valueadded taxes .
184 . DEATH TAX
West Virginia Farm Bureau supports the permanent repeal of the Inheritance Tax ( also known as Death Tax or Estate Tax ) at the state and federal level .
185 . AGRICULTURAL OPERATIONS & INCOME & SALES TAX
West Virginia Farm Bureau supports continuation of the Sales and Use Tax Exemption for Agriculture . When materials and / or equipment are consumed in the production of wealth in the form of food and fiber they should be exempt from sales and use taxes .
Farmers are being unfairly assessed taxes on the purchase of ATVs for farming purposes . We recommend the following change to WV Code 11- 15-36 , subsection F ( Exemptions ), adding a ninth exemption : The tax imposed by this section does not apply to the registration of an all-terrain vehicle owned and titled in the name of a resident of this state who is a farmer , if the applicant is purchasing the allterrain vehicle for use in his / her farming operations .
186 . WEST VIRGINIA SALES AND SERVICE TAX AND USE TAX EXEMPTION CERTIFICATE
Currently the West Virginia Sales and Service Tax and Use Tax Exemption certificate is completed by the consumer and kept on file by the supplier for all exempt sales on or after July 1 biennially . West Virginia Farm Bureau recommends the law be changed to require completion of this certificate every five years , rather than every two years .
187 . SEVERANCE & EXCISE TAXES
West Virginia Farm Bureau believes severance taxes and excise taxes should be reviewed with respect to necessity as a source of revenue . All timber severance and excise taxes should be dedicated to the Division of Forestry rather than general revenue . Timber excise tax should include a $ 15,000 tax exemption for small producers .
188 . AGRICULTURE & B & O TAXES
West Virginia Farm Bureau supports the repeal of all B & O taxes .
189 . HIGHWAY USER TAXES
West Virginia Farm Bureau believes highway user taxes should only be allocated for highway maintenance and construction , not paved bicycle and walking trails .
190 . HOMESTEAD TAX EXEMPTION
West Virginia Farm Bureau favors the Homestead Tax Exemption to be limited to senior citizens , and to those legally disabled as determined by the Social Security Administration and / or Veterans Administration , and who have been residents for at least five years . We support increasing the exemption to $ 40,000 and adjusting it periodically for inflation .
191 . STATE INCOME TAX EXEMPTIONS
West Virginia Farm Bureau asks that the state income tax be amended so personal exemptions and deductions are the same as in the federal law .
192 . COUNTY FIRE BOARDS
West Virginia Farm Bureau supports the formation of county fireboards by county commissions , and the elimination of surcharges on insurance policies .
42 West Virginia Farm Bureau News