Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

A Severance Tax Would Hinder Pa. Energy Production

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

A Severance Tax Would Hinder Pa. Energy Production

Article excerpt

Columnist Brian O'Neill has been consistent, but wrong, in his ongoing calls for a severance tax on Pennsylvania's natural gas producers ("Severance Tax on Gas Drillers Is Only Fair," Aug. 31).

Gov. Tom Wolf spent more than a year of intensive campaign advertising on the idea of getting $1 billion annually from a severance tax, creating an expectation of easy money for education with little pain to taxpayers. These ads also had the effect of painting natural gas producers as bad guys not paying their fair share, which was then and still is completely false.

Reality has set in with what a severance tax would generate. Mr. O'Neill repeated a claim by Daniel Raimi that the tax being considered this year would generate only about $90 million, allocated to the General Fund.

Despite what Mr. O'Neill chooses to believe, natural gas producers are paying their fair share of taxes, including an impact fee that is spread across the state and paid by no other segment of Pennsylvania's economy. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.