The severance tax, like a bad penny, keeps turning up. Pennsylvanians (and eventually New Yorkers) will have to stay vigilant against greedy politicians who can’t help themselves when there’s something nearby that can be taxed. Tax revenues equal money flowing through politicians’ hands, and that equals power. The latest example:
State Sen. Andy Dinniman, D-19th, of [...]
WTAE Pittsburgh (Feb 25) Rendell Talks Expanded Sales Tax Plan In Pittsburgh
Pennsylvania Gov. Ed Rendell (Democrat), has proposed a severance tax on natural gas in the Marcellus Shale. But the Governor himself is not optimistic that the Pennsylvania Legislature will pass his proposals. From the WTAE news report:
In addition, Rendell is reviving proposals [...]
Philadelphia Inquirer (Oct 9):
Pa. budget pieces start to fall into place
With a state budget still not adopted, and now over 100 days late, Pennsylvania is finally about there. The good news for drillers…no severance tax this year:
Also not in the package is a tax that some lawmakers had wanted to impose on natural-gas drilling [...]
Philadelphia Inquirer (Oct 7):
Top Rendell aide quits to join gas driller
An interesting bit of news: A top aide to Gov. Ed Rendell is stepping down to take a job in the drilling industry:
K. Scott Roy is stepping down as the $146,000-a-year executive deputy chief of staff to Rendell to become vice president for government [...]
Pittsburgh Post-Gazette (Oct 3):
House budget unlikely to advance
Pennsylvania still has not adopted a budget for the new fiscal year. Part of the wrangling is how to raise taxes to meet the ever growing demand of government to transfer wealth from the producers of society to the non-producers. In PA, the Democrats want to tax [...]
The Centre Daily Times (State College, PA) recently ran an editorial with typical scare-tactic, kindergarten logic, while at the same time supporting the obscene taxation of drilling in the Marcellus in Pennsylvania.
The editorial recounts how a number of so-called conservation groups have their greedy hands out and want a piece of the pie (my words, [...]
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