Marcellus Shale tax: Time is right to begin revenue stream
February 8, 2010
BY PATRIOT-NEWS EDITORIAL BOARD
...
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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