Tom Wolf’s Severance Tax Political Disaster Part II

naturalgasnow.org by Charles A. Schliebs Rather than the Wolf Administration reaching out to the industry to create a solution to the severance tax issue that can appropriately provide funding to the state and its future budgets in a fair and reasonable manner (as suggested in our last issue), for some inexplicable reason, the Wolf Administration not […]

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Gas drillers may pay to help revive solar industry

The Stanley News and Press By John Finnerty HARRISBURG — Gov. Tom Wolf’s plan to tax gas drillers will pump millions of dollars into schools, but it could also help subsidize alternative energy sources like wind and solar. Wolf proposes borrowing $675 million for economic development projects, which will be paid down by $55 million from […]

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Wolf’s severance tax would set a minimum value on gas produced

philly.com By Andrew Maykuth Gov. Wolf’s proposed severance tax on Marcellus Shale natural-gas production contains a unique feature that sets a minimum taxable level, guaranteeing that the state would capture its share no matter how low the gas price sank. The severance tax, dubbed the Pennsylvania Education Reinvestment Act, would set a minimum value of […]

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Tax Not Popular With Marcellus Shale Gas Industry

Citizen’s Voice By Elizabeth Skrapits Gov. Tom Wolf’s proposed budget is a winner for the state Department of Environmental Protection and for economic development, but a tax on natural gas extraction included in the proposal is not popular with the Marcellus Shale gas industry. A major new source of revenue is a proposed severance tax […]

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Wolf says Pennsylvania severance tax ‘not a partisan idea’

Power Source By Laura Legere Gov. Tom Wolf proposed a tax on natural gas production in his budget Tuesday that would raise money for education and environmental protection programs, while maintaining funding for communities at roughly the same level they are expected to receive this year from the current Marcellus Shale impact fee. Mr. Wolf’s […]

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Tax On Shale-Gas Drillers Would Punish Industry, Turzai says

Trib Live By Brad Bumstead STEELTON — A 5 percent severance tax on shale gas drilling that Gov. Tom Wolf plans to announce would be punitive and would hurt a burgeoning industry in the long run, House Speaker Mike Turzai warned Monday. The Marshall Republican said he has not seen details of Wolf’s budget proposal, […]

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