The natural gas industry already pays its fair share

October 23, 2018

Once again, PennLive's editorial board has presented an overtly skewed, one-sided perspective in its call for lawmakers to enact an additional tax on the natural gas industry.

The editorial lambastes the industry for advocating on its own behalf, as if it is beyond the pale to educate lawmakers and the public about the economic potential of utilizing the state's natural gas resources in a responsible way.

Interestingly, the paper doesn't seem to take issue with other groups doing the exact same thing - including public sector unions (Pointed out here, Ed.) and environmental groups. 

While the editorial points to many dollar figures, one it glaringly leaves out is the amount of impact fee revenue that the industry has already generated.

The impact fee - which, make no mistake, is a tax - has brought in more than $1.5 billion to all 67 counties in Pennsylvania in just a handful of years.

This is on top of the other corporate and business taxes the industry pays - a fact that PennLive's editorial writers continue to ignore (No, we haven't, Ed.).

Other recent reports echo the positive effect that the existing impact fee structure has had in Pennsylvania...

Read entire opinion at PennLive.com

 

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