Yes Virginia, There IS a Severance Tax in Pennsylvania!

The Commonwealth Foundation for Public Policy Alternatives, commonly known as the Commonwealth Foundation or CF, is Pennsylvania’s free-market think tank. CF’s mission is simple: Transform free-market ideas into public policies so all Pennsylvanians can flourish. In a recent post on the CF blog site, the organization makes the strong case that although PA’s levy on shale drillers in the state is called an impact “fee”–it’s actually a tax. Quoting the Independent Fiscal Office (IFO), the CF post says, “the current impact fee is equivalent to a 6.9% severance tax–higher than severance taxes in Louisiana, Wyoming, and West Virginia.” Here’s what CF has to say about PA’s severance TAX…

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