The billion dollar annual revenue projection a severance tax is highly unlikely, particularly, with gas prices being where they are currently. This billion dollar number is just an estimate and not realistic. I continue to be very concerned that any severance tax in PA will harm the natural gas industry. This will result in a loss of jobs. We need more manufacturing, not less.
Loss of impact fees a concern for Local Officials
http://www.observer-reporter.com/article/20150314/NEWS01/150319662#.VQdgAOG494s.twitter Washington County officials express concern in this article about the loss of impact fees if Pennsylvania adopts a severance tax. These impact fees are needed by local government and this program must continue.
MSC Issues strong statement opposing severance tax
http://marcelluscoalition.org/2015/03/msc-statement-on-gov-wolfs-budget-address/
The Marcellus Shale Coalition issues a strong statement opposing the proposed severance tax.
Support for natural gas tax declines when tied to job losses
http://www.politicspa.com/msc-poll-voters-have-mixed-feelings-about-severance-tax/64170/
It is very important to talk about employment and job losses when there is any discussion about a severance tax in Pennsylvania. We need natural gas jobs and the potential for additional manufacturing from natural gas development in Pennsylvania.
