In the wacky world of leftists, all money earned by private companies belongs to the state, and the state beneficently allows a company to keep some of that money to pay employees and shareholders. That’s the attitude of the far left, anti-drilling group Policy Matters Ohio (PMO), which doesn’t like the current oil and gas severance tax of 2.5% in Ohio. It’s not nearly high enough to fund leftist programs, according to PMO.
In the wacky world of leftists, all money earned by private companies belongs to the state, and the state beneficently allows a company to keep some of that money to pay employees and shareholders. That’s the attitude of the far left, anti-drilling group Policy Matters Ohio (PMO), which doesn’t like the current oil and gas severance tax of 2.5% in Ohio. It’s not nearly high enough to fund leftist programs, according to PMO.