PA Gov-Elect Tom Wolf’s Severance Tax Lie Exposed
Gee, a politician who lied to get elected? Say it ain’t so! Ah, but it is. And the politician who lied is none other than Gov.-elect Tom Wolf. He said slapping a severance tax on Marcellus drillers would raise $1 billion or more that could then be given to schools (in any other context this would be called theft–holding up one citizen to turn the money over to another citizen). Wolf knowingly used erroneous numbers pumped out by the anti-drilling Pennsylvania Budget and Policy Center (far-left, partisan Democrat group). They said a 5% tax would haul in 1 billion big ones. The truth? At best, such a tax may haul in half that–still leaving a $500 million hole in the budget. And that’s if drillers don’t stop drilling and leave the state because they’re being bled to death with a corporate income tax on top of a severance tax (which states like TX, OK and LA don’t have). Now it’s time for mainstream media to try and cover Wolf’s lie by pretending it was a mathematics error…
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Sensing that the corrupt Philadelphia City Council will not budget–will not even talk to UIL Holdings about their proposed $1.86 BILLION offer to purchase the municipal-owned Philadelphia Gas Works (PGW)–the company has pulled the plug on the deal. It’s now officially 100% dead. Even though UIL has assured and reassured anyone who would listen that they won’t come in and fire the union workers, and that they would accelerate an already-ambitious schedule of upgrading PGW’s failing pipeline infrastructure, City Council members are stuck in the pockets of powerful unions and shadowy others in the background who opposed the deal. UIL has been more than patient. Philly’s dream of being an “energy hub” in the northeast is also dead along with the deal…