Lawmakers Shouldn’t “Give Away the Store” With Industry-Friendly Severance Tax Exemptions

Sharon Ward |

The Pennsylvania Budget and Policy Center examines severance tax policies in Texas and Arkansas as the gas industry ramps up efforts to include exemptions in Pennsylvania’s severance tax.‰”Pennsylvania taxes are already very favorable to the gas industry,‰” Ward said. ‰”Further tax breaks will drain revenue for core services like health care, education, and environmental cleanup. Communities across Pennsylvania are already feeling the impact of Marcellus Shale drilling. Lawmakers need to act now to put a properly structured severance tax in place.‰”