Comments on: Pennsylvania may miss out on Marcellus riches Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 By: Pagasman Sun, 16 Sep 2012 00:21:24 +0000 Fascinating; the whole article is about increasing taxes but at the every end you state that the rig count has dropped substantially. Please advise on how increasing taxes would slow that decline.
Also,maybe you could add that the states you referenced with a severance tax have little or no state income tax or corporate tax or a rolling stock and capital tax while Pa has among the highest FOR ALL THREE. Lets pass a severance tax and use the revenue to eliminate all three of aforementioned taxes.
And then for good measure, maybe report all of these taxes currently paid by the gas companies along with other state revenue contributions like state sales taxes for materials and equipment, restaurant and hotel taxes, income taxes, fuel taxes and the many more I cannot enumerate here.