OH House Dem Makes Another Run at Nosebleed 7.5% Severance Tax
The reliably anti-drilling Ohio State Representative from Youngstown, Robert F. Hagan, would prefer to ban shale drilling outright. Since that's not going to happen in OH (at least not any time soon), he wants to kill it another way. Last June Hagan introduced a bill in the OH House that would enact a 7.5% drilling tax on Utica Shale drilling, which would of course effectively kill all Utica drilling henceforth (see Youngstown Democrat State Rep Wants to Hike Severance Tax to 7.5%). You have to hand it to those OH Dems--they're real johnny one-notes: tax more, spend more.
Hagan is trotting out his obscenely high tax bill once again, trying to whip up support. Good luck with that one Bobby...
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