Marcellus Shale tax: Time is right to begin revenue stream

February 8, 2010

BY PATRIOT-NEWS EDITORIAL BOARD

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There’s no denying Pennsylvania needs money, both this coming budget year and to counterbalance the coming public pension cost explosion and expiration of stimulus dollars in 2011.

If the state enacts a severance tax on natural gas — as 27 other states do, including all the other major gas producers — it will generate several hundred million dollars in revenue a year.

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