Pittsburgh Economic Leader Says Wolf Severance Tax Really 15% Rate

| | |

Last Friday Dennis Yablonsky, the CEO of the Allegheny (PA) Conference on Community Development, had a rather sobering and shocking assessment of PA Gov. Tom Wolf’s high severance tax. He said the effective rate of Wolf’s severance tax is actually 15%, not the 5% touted (lied about) by Wolf and his DEP Acting Secretary John Quigley. According to Yablonsky, the tax as proposed is just too high and will (our words) kill the industry in the state…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.