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To: thackney
Three days after the newly elected Senate majority leader opened the door to negotiations on a natural gas drilling tax...

So is it really a "drilling tax"? Like...assessed on a per foot basis, perhaps? Or is it really just a common, everyday severance tax on production at the wellhead, which many states already have?

And is the author of the article really a drooling simpleton for referring to a severance tax as a "natural gas drilling tax?"
7 posted on 12/17/2014 8:01:17 AM PST by Milton Miteybad (I am Jim Thompson. {Really.})
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To: Milton Miteybad

Reading past the headline:

The prospect of a severance tax on gas production in the lucrative Marcellus Shale - an issue dormant since Gov. Ed Rendell left office in 2011 - reemerged this year when gubernatorial candidate Tom Wolf campaigned on a platform to use the tax to pump as much as $1 billion into public schools.


9 posted on 12/17/2014 8:14:02 AM PST by thackney (life is fragile, handle with prayer.)
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To: Milton Miteybad
Reading past the headline intro:

Sorry.

Deeper in the article, past the excerpt I was allowed:

With an anticipated $2.2 billion deficit looming next year, Senate Majority Leader Jake Corman (R., Centre) on Saturday said he was willing to discuss a severance tax if Wolf would negotiate on cutting costs in the state pension system.

12 posted on 12/17/2014 8:16:47 AM PST by thackney (life is fragile, handle with prayer.)
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To: Milton Miteybad
..which many states already have? Yes, its an extraction tax, which many states already have.

But what most states don't have is the existing burdensome taxes PA has;corp tax, income tax, sales tax, usage fees out the @ss, at some of the highest rates in the country.

PA is ranked 46th in business climate, w/ this tax we can make it all the way to 50th.

14 posted on 12/17/2014 8:21:19 AM PST by Pietro
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