Taxation

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    Ohio Legislators Continue Dalliance with Kasich Severance Tax

    behind closed doorsOnce again Ohio Republicans are starting to lose their cool and are considering a dalliance with a high Utica Shale severance tax proposed by RINO Gov. John Kasich (who’s running for president, but then nobody knows since he’s at 0% in the polls). Perhaps state Republicans think by giving Kasich what he wants in a high severance tax it will enhance his presidential prospects with conservatives? (NOT!) Whatever the reason, Ohio’s left-leaning PBS outlet at Kent State is reporting legislators are meeting “behind closed doors” with members of the oil and gas industry to beg and plead for an increase in the severance tax…
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    PA Dems Get Nervous that Republicans Won’t Cave on Severance Tax

    nervousPennsylvania Democrats are finally waking up and beginning to get nervous that state Republicans might actually not cave on a Marcellus-killing severance tax after all. How do we know? One of the Democrat public relations outlets–the Pittsburgh Post-Gazette–penned an “editorial” calling for a stopgap, short-term budget. PA’s Gov. Tom Wolf, who has been crowned the most liberal governor in America by the non-partisan website InsideGov (see PA Gov Tom “Severance Tax” Wolf: America’s Most Liberal Governor), obstinately refuses to let go of his plan to soak Marcellus drillers to give their hard-earned money away to teachers unions. Republicans, which hold majorities in both the PA House and Senate, aren’t caving. They refuse to enact an industry-killing severance tax. That’s a problem for the neophyte and frankly in-over-his-head Wolf…
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    PA “Independent” Fiscal Office Dem Tool in Severance Tax Debate

    we fight dirtyPennsylvania’s Democrats continue to fight dirty in the budget battle–in their losing effort to pile big taxes on a single industry, the Marcellus Shale industry. The latest in the dirty war they’re waging: the extremely partisan Democrat-controlled so-called Independent Fiscal Office (yes, a PA state government office funded by taxpayers) has issued a report to sycophantic media outlets (but not the general public via its website) to forecast a decrease in Marcellus Shale impact fee revenue for 2015…
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    Wolf Floats Trial Balloon of 3.2% Severance Tax via Proxies

    trial balloonA Pennsylvania Democrat in Republican clothing, Gene DiGirolamo (“Republican” House member from the Philadelphia area), along with a hard-left Democrat, Steve Stroman (director of Penn’s Woods Conservation Advocates), have penned a “bipartisan” column in the Harrisburg Patriot-News on how a “principled” and “reasonable” severance tax compromise will create education nirvana in Pennsylvania. The column is so shot full of lies we can’t even begin to count them. This is pure propaganda from two lefties who want to tax and spend PA into the ground once again, as it existed under Ed Rendell before Tom Corbett fixed it by cutting excessive and out-of-control education spending. Our pair of lefties say just a piddly little 3.2% severance tax will be all that’s required–even though until now nothing less than 5% (actually it turns out to be 17.3%, see PA Official Admits Wolf Severance Tax Highest in Nation @ 17.3%) is what these thieves have demanded. Their attitude is, “OK, you’ve made your point, NOW we’ll cave a little bit.” The proper response to DiGirolamo and Stroman, who appear to be Gov. Wolf’s proxies in floating this particular trial balloon, is this: STUFF IT…
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    PA Dem Legislators Make Severance Tax Dance Video – LOL

    NaeNaeDemocrats in Pennsylvania, in their desperation to sink a money well into Marcellus drillers to fund Big Education and teachers’ unions, have gotten even nuttier than they usually are. So nutty, we’re laughing out loud–at them. Representative Patty Kim (D-Dauphin), someone whose constituents voted for her to go to Harrisburg to get work done, has decided she would rather dance than do the hard work she was sent to Harrisburg to do. Kim’s eight year-old daughter told her mom about the Nae Nae after returning home from summer camp. It gave Kim her latest “brilliant” idea. What’s the Nae Nae? It’s a dance routine, apparently. So Kim, hoping to make a viral Youtube video, enlisted six other legislators, all of them hardened Democrats in favor of a Marcellus-killing severance tax, to dance the Nae Nae with her, on camera, making asses of themselves (watch it below). The message at the end of the video requests viewers to ask their legislators to support a Marcellus-killing severance tax. Kim used $1,000 of her own campaign funds, funds given to her by contributors who thought she was a serious candidate, to make this silly video. At one point the video also films children in a dance routine. What a shame to trick innocent children into supporting your own twisted political agenda. But that’s how Dems operate–brainwash ’em early and often…
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    Flawed Analysis by (Gasp) the EIA on Severance Taxes

    flawed logicOur favorite government agency, the U.S. Energy Information Administration (EIA), published an article on Friday that appears to “take sides” in the Pennsylvania debate over whether or not to institute a severance tax. Which is a disappointment. Until now the EIA has stayed above the fray in such issues. The EIA article from Friday offers a grossly misleading side-by-side comparison of where states get their primary source of revenue to feed their voracious appetites to transfer wealth from those who earn it to those who don’t–and how much is contributed by oil & gas severance taxes. The EIA compares tax revenues from five major fossil fuel generating states–Alaska, North Dakota, Wyoming, Texas and Pennsylvania. The graphic they use is powerful (and misleading) and appears to support calls to increase a severance tax in Pennsylvania. We disagree–strongly–with that position. Here is the EIA post from Friday, followed by MDN’s explanation of how it is grossly flawed…
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    Philly Republicans Expose Wolf Severance Tax as a Shell Game

    shell gameTwo Republican members of the Pennsylvania House of Representatives have penned a column that points out the math for PA Gov. Tom Wolf’s so-called severance tax on the Marcellus Shale industry a) doesn’t add up, and b) doesn’t actually end up funding education. What makes the column noteworthy is that the two Republicans are not the conservative leaders of the PA House, but instead are from the Philadelphia area. Every Republican we’ve seen from the Philly area are moderate at best–usually RINOs (Republican in Name Only)–and certainly not anywhere near conservative. Yet these two, Rep. Tom Quigley from the 146th district in Montgomery County, and Rep. Warren Kampf from the 157th district in parts of Montgomery and Chester counties, ever-so-eloquently skewer Wolf and his inane high tax plan. Remarkable, coming from two Philly-area Republicans…
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    PA Budget: Where Will Republicans “Find” $400M for Big Education?

    We are holding our collective breath. Yesterday there seemed to be movement toward finalizing a deal for the Pennsylvania State budget. The floundering Tom Wolf administration made a promise to Big Education they can’t keep–raping, er, a, raiding the Marcellus Shale industry and giving the proceeds to teachers’ unions as political payoff for helping to elect him. Republicans, which control both the PA Senate and House, have held firm: You don’t tax a single industry to transfer its wealth to another group that didn’t earn it, no matter how “worthy” and “noble” the cause. It’s called theft. Yesterday word leaked that Republicans and Wolf met and the Republicans offered Wolf $400 million for education. We’re assuming that’s $400 million on top of the increase they already offered (an increase that doesn’t get reported by mainstream media). Wolf fancifully thought by raping, er, a, raiding the Marcellus industry he’d get $1 billion. So there’s a $600 million delta there. But word is that Wolf is seriously considering the offer. What we don’t know is: Where will Republicans get the $400 million? The state is flat busted as it is, thanks to pensions that are bankrupting the state. Our question/warning is this: We sure hope Republicans aren’t getting ready to cave on a Marcellus Shale severance tax. It doesn’t matter if the tax is little or big. Little taxes today get converted into bigger taxes next year with the stroke of a legislative pen…
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    Differing Versions of How PA Budget/Severance Tax Talks are Going

    baseball bat kneecapsWhere does the Pennsylvania budget negotiation/standoff stand? Depends on who you ask. There have been some intense negotiations over the past few days (a room with a bunch of men hollering at each other). When he emerges from the meetings, PA Gov. Tom Wolf, the most liberal governor in the United States, paints a smile on his face and mouths unspecific platitudes about making progress. When Wolf’s top surrogate emerges, State Sen. Vincent Hughes (Democrat from Philadelphia), Hughes says they aren’t any closer to getting Republicans to cave on a Marcellus Shale-killing severance tax. And that irks him. And Hughes blusters that there will be NO budget without a severance tax as part of it. Good luck with that Sen. Hughes. We applaud Republicans for preserving the Marcellus industry–what’s left of it in this low price environment. Let’s hope Republicans don’t cave to the bluster and deceit being pedaled by the Democrats in Harrisburg. We certainly understand the Dems are in a real bind. They PROMISED the teachers unions big money in return for their support. This is a payoff–shaking down the Marcellus industry to give the money to overpaid teachers and union bosses. And if Wolf doesn’t pull it off–he can kiss a second term good-bye as far as the unions are concerned. They play for keeps and Wolf knows it. Here’s the latest in the ongoing budget battle…
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    Philly Rags Continue to Blame Marcellus Drillers for Late PA Budget

    Once again the Philadelphia Inquirer and its Daily News subsidiary show why their circulation numbers (and profits) continue to plummet: Because they are nothing more than a Democrat house organ propaganda outlet. They don’t report news–they manufacture and repeat, endlessly, Dem lies. Note the latest “editorial” written by the same people who supposedly report the news in what has become a Democrat rag. The editorial, reproduced below, blames the budget stalemate in the Pennsylvania on Republicans because Republicans are supposedly in the back pocket of Marcellus big oil and gas companies. The self-righteous and pure as the wind-driven snow Democrats only want all remaining profits from Marcellus Shale drilling for the chil’ren (those evil, nasty, vile big oil and gas companies, anyway). Of course the editorial says NOTHING about Democrat lust and desire for OPM–other people’s money–to fund Big Education and to repay Tom Wolf’s election debt to teachers’ unions. Nope, not a word. And that’s why rags like the Philly Inquirer and crashing and burning…
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    PA Gov Tom “Severance Tax” Wolf: America’s Most Liberal Governor

    The non-partisan website InsideGov, a site built and maintained by technology company FindTheBest, used public statements, press releases, campaign platforms and voting records to score each state governor’s view on important issues. InsideGov then used the data they collected to assign values for the most conservative political philosophy, and the most liberal. No lie–the single most liberal state governor in the United States is not Andrew Cuomo–he’s #5 in the list of most liberal. Nope. The single most liberal governor in these United States is (trumpet fanfare): Tom Wolf, from Pennsylvania. Wolf is ahead of the whack-a-doos in New York, Vermont, Connecticut and even Minnesoooota. Yeah, the same Tom Wolf who wants to steal the profits from Marcellus drillers to give to teachers’ unions to pay them back for voting him into office. That Tom Wolf. Most liberal. And what do the libs at Philadelphia Magazine write? (This is hilarious.) They write that even though Wolf walks like a liberal duck, quacks like a liberal duck, swims like a liberal duck–he isn’t really all THAT liberal…
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    PA House Speaker Stands Firm Against Gov Wolf’s Severance Tax

    Thank God for Pennsylvania House Speaker Mike Turzai, Republican from Allegheny. Turzai continues to stand against the lunacy of Tom Wolf’s insane budget proposals, including a proposed Marcellus Shale severance tax that would further gut shale drilling in the state–handing the money raised over to teachers’ unions. Turzai said it’s time to think about overriding Wolf’s veto of the proposed Republican budget–a plan which balances the budget instead of running up the tab as Wolf would do. The Republican budget would INCREASE spending on education (something mainstream media doesn’t tell you) all while not increasing taxes on the middle class and without killing the Marcellus industry with a new/high tax. Socialist Tom Wolf won’t hear of it. So Turzai is putting out the word: Are there 16 Democrats in the House and 4 Democrats in the Senate that will be brave and bipartisan and reach across the isle to vote for a sane budget–to override Wolf’s veto? Apparently not yet–but perhaps there will be in time. Meanwhile, Wolf’s dirty tricks division continues to launch advertisements to smear Republicans, something Turzai calls “tawdry and unproductive”…
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    FUD Splatter: PA IFO Says Lower Impact Fee Revenue Coming in 2015

    mud splatterIn the midst of a political debate about whether or not to enact a severance tax comes another masterful one-two punch. First punch: the Democrat-controlled Pennsylvania Independent Fiscal Office (which is manifestly NOT “independent” but indeed is VERY dependent–on the Democrat Party) has issued an analysis that the world is ending for the impact fee assessed on Marcellus drillers. The IFO, spreading FUD (fear, uncertainty and doubt) says this year the impact fee is on track to raise the least amount of money it has raised since it’s introduction in 2012 (gasp!). How much less? Somewhere between $14 million and $33 million less (between 6-13% less). Why? Because drillers have slowed down and in some cases stopped drilling new wells due to low prices for natural gas. We note the IFO has never before, according to our recollection, issued such a forecast this early in the year. Why is that? Because the Dems need something/anything to try and bludgeon and bully Republicans into accepting the worst idea ever–taxing a single industry to transfer its wealth to another group of people who don’t earn any wealth on their own–teachers’ unions. Big Education only takes–they never give (except to transfer some of their taken money via union dues back the Democrat Party in a quid pro quo). The second punch then arrives right on cue, from a Democrat sycophantic news outlet publishes this breathless “news”…
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    Guest Post: The Political Disaster that is Gov. Wolf’s PA Severance Tax Proposal

    MDN friend Charlie Schliebs, managing director of Stone Pier Capital Advisors in Pittsburgh, sent along a copy of his firm’s latest newsletter yesterday. In it, Charlie has penned a superb article about the PA Gov. Tom Wolf administration’s current disaster with respect to the state budget (and Wolf’s demand for a high severance tax). As MDN reported yesterday, Wolf did something no governor has done for 40 years–he vetoed the entire budget (see PA’s Partisan Gov Wolf Vetoes No-Severance-Tax State Budget). Let’s put Wolf’s veto in perspective. He turned down, wholesale, a balanced budget that raises education funding (for the chil’ren) all while holding the line on tax increases. Instead, Wolf chose to shut down the PA state government. Why? Because he wants a nosebleed high tax on Marcellus Shale drillers to transfer their hard-earned money over to teachers’ unions. It’s sick. Charlie is more of a diplomat than we are and uses nicer words, but make no mistake, he has an iron fist in his velvet editorial glove when it comes to “The Political Disaster that is Gov. Wolf’s PA Severance Tax Proposal”…
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    PA’s Partisan Gov Wolf Vetoes No-Severance-Tax State Budget

    Proving just how partisan (and mean spirited) the Democrats in Pennsylvania have become, every single Democrat senator voted against a Republican balanced budget bill yesterday (highly partisan, those Dems) and when the bill went to Gov. Tom “in over his head” Wolf, Wolf immediately vetoed the budget bill–the first time a sitting governor has vetoed an entire budget bill in 40 years. Tell us again, John Hanger, whose philosophy is “my way or the highway”? It’s certainly not the Republicans’ philosophy. Wolf and the Dems are playing a high stakes game of “chicken.” They are in the minority in PA and they want to see if they can bully, pressure, and otherwise force Republicans to tax the Marcellus Shale industry out of existence in the state. The Republicans, to their credit, are hanging tough. Unfortunately the Republicans don’t have enough of a majority to simply override Wolf’s childish veto–but give it time. Sooner or later, if they hang tough, some Democrats will cave and vote to override the veto…
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    Partisan Gov Wolf Says He’ll Veto Any Budget Republicans Send Him

    Earlier this week Pennsylvania Gov. Tom Wolf’s budget and policy secretary, John Hanger, said this with regard to Republicans refusing to go along with Wolf’s Marcellus-killing severance tax: “Frankly, the Republican leadership is saying it’s our way or the highway” (see PA Republicans Say No Severance Tax in Budget Heading to Gov. Wolf). Yet yesterday top Democrat lawmakers let slip that when the Republicans send a budget to Wolf today or tomorrow, Wolf says he will automatically veto it–without having seen or read it. Tell us John, who’s really saying “my way or the highway” when it comes to the budget?…
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