Seeking to kill the economic miracle that has been shale gas drilling in Pennsylvania, the so-called “brave” Republican (really a RINO) PA Rep. Gene DiGirolamo is proposing a 4.9% tax on the value of natural gas extracted and sold from state wells. That’s in addition to the impact fee/tax already in place. The new tax would supposedly raise another $640 million of money that politicians like DiGirolamo could get their grubby hands on to parcel out in vote buying schemes (rather than continue to do the hard work begun by Tom Corbett in reigning in spending).
DiGirolamo has been pedaling higher taxes on Marcellus drilling since at least Sept. 2011 (see Marcellus & Utica Shale Story Links: Thursday, Sep 22, 2011). Such a plan doesn’t stand a prayer of a chance while Republicans hold both houses and the governor’s chair. Which raises the question of why DiGirolamo would float this plan again now. Likely a sleazy political ploy to curry favor with his Democrat friends because he figures they’ll be taking over next year after the election…
