Taxes & Economy
Marcellus Shale Powering Job Growth
TMK-IPSCO, an oil-and-gas pipe maker, recently announced its plan to build a new manufacturing facility roughly 60 miles northwest of Pittsburgh, just over the Ohio state line. The new…
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Six Opportunities for Pennsylvania
Once upon a time, "Keystone State" represented more than just a nickname, as Pennsylvania was central to America's economy. Over the past several decades, however, our importance has diminished. Our…
Commentary
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Natural Gas Tax Just Another Slush Fund
Letter in the Scranton Times-Tribune Editor: Those calling for a state tax on natural gas extraction – including Gov. Ed Rendell and The Times-Tribune – use poor logic…
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Pennsylvania Natural Gas Tax Resurrected
Governor Rendell has, once again, changed his mind deciding that taxing Pennsylvania’s emerging natural gas industry is a good idea. What changed the Governor’s mind? Recently, five companies…
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Some Good News for PA Budget on Marcellus Shale Leasing
While Pennsylvania tax revenue collections continue to fall below estimate, some good news came from state land leases for natural gas wells in the…
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Pennsylvania’s Gold Rush
In economically depressed Northeast Pennsylvania shale drilling has reinvigorated local economies creating thousands of jobs (29,000) last year. Yesterday, Fox News featured the region and the Marcellus Shale “gold rush”.
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Realities of Severance Tax
On Friday, the Pennsylvania House passed a tax bill with numerous tax hikes (and a few cuts).
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Taxes and Revenue in Pennsylvania Budget Deal
Gov. Rendell and legislative leaders from three caucuses (House Republicans were not involved) announced a deal on the Pennsylvania state budget. Via PLS and Capitolwire (subscription), here…
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Which New Taxes are Coming for Pennsylvania?
The new Pennsylvania state budget “deal”, which House Democrats, Senate Republicans, and Senate Democrats have agreed to – but which House Republicans have disavowed and Gov. Rendell has not signed…
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