Doubling of Coal Tax for Black Lung Fund Approved by Congress
The final compromise bill to bolster the Black Lung Trust Fund doubles coal excise taxes from 50 cents to $1 a ton for underground coal and 25 cents to 50 cents for strip mined coal. The 2 percent sale tax becomes 4 percent, with expected revenue rising to 225 million in 1986. loans from the Treasury continue until 1987.
MENTIONED IN THIS ARTICLE
Black Lung
Congress
Associated Press
Black Lung Trust Fund
Reagan
Senate
House
Labor Department
Treasury
Reagan Administration
Insurance Industry
United Mine Workers Union
Steel
Virginia Mine Fatality Brings 1981 Toll to Sixteen
In Buchanan County a shuttle car accident at Loose Jaw Coal Corp. mine killed 32 year old Frankie Lee Cooper as he repaired equipment. Lights failed on the other car and a driver claimed a wrong turn. Virginia’s mine death toll rose to 16 for 1981, with November and December fatalities rising after an October lull.
MENTIONED IN THIS ARTICLE
Roanoke
Buchanan County
McLynn Sharpe
State Division of Mines and Quarries
Loose Jaw Coal Corp
Frankie Lee Cooper
Sharpe
Loose Jaw
Virginia
United Mineworkers of America
Southwest Virginia
Division of Mines
Coalfield News Mine Bankruptcy in Japan After Deadly Explosion
TOKYO AP officials say Yubari coal mine owners file bankruptcy papers under a rehabilitation law with 315 million dollars in debts and claims from victims families. It would be Japan s fifth largest postwar bankruptcy. PEKING AP Xinhua reports 1500 Chinese peasants looted 21333 dollars worth of materials from a closing mine in Hunan over six days. Five leaders arrested amid nationwide retrenchment lootings.
MENTIONED IN THIS ARTICLE
Tokyo
Yubari
Hokutan Yubari Coal Mining Co
Japan
Peking
Xinhua
Hunan
Sale Ad for Drapery Linings and Prices
Ad announces discounted Drapery Lined fabrics with prices listed from 16.99 to 49.99 and sale tags. Items include RP DRAP Lined and varied stock reduced to 21.99 or 29.99 in a store promotion.
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