PA Republicans Hold Firm in Opposing Wolf Severance Tax
Pennsylvania Gov. Tom Wolf continues to face stiff opposition from the public at large, and (more importantly) from Republicans in the PA state legislature. The leadership of both the PA House and Senate have lined up against Wolf's severance tax, which he claims is 5% but now everybody freely admits is really closer to 17% (see PA Official Admits Wolf Severance Tax Highest in Nation @ 17.3%). The PA budget is due by June 30. Negotiations between Gov. Wolf and the legislature continue. When the two sides meet, the temperature in the room noticeably drops. Wolf is in over his head and apparently doesn't know it--or won't admit it. He set an unrealistic expectation with teachers' unions that he would pay them off for their support by taxing the #$#@ out of the Marcellus industry--transferring the hard-earned money of Marcellus producers to Big Education takers. PA Republicans in the state legislature are the firewall. Let's hope the firewall holds...
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