Extraction Tax News Today

State does not have an extraction tax in the energy sector? >> as far as i can tell by best estimate since 2009 about $8 billion has been extracted in natural gas has been extracted in pennsylvania. and if we were taxing at the rate that other states that have this type of drilling were taxing, were looking at over half a billion dollars in tax revenue given away. in this fiscal year alone, pennsylvania will give away over $3.16 billion in corporate tax breaks. this is indeed a priorities issue....

Poverty levels across the state when determining the funding level. >> so whats the solution here? i mean, you got to win the house back. you got to get the political clout to turn this thing around. >> sure. theres a reason this governor is largely considered to be the most entrenched in the country right now. i hope hes going to lose his position to some good democratic candidates. there are solutions right now. pennsylvania sitting on top of one of the largest reserves of natural gases and we...