While speculating on the prognosis of enacting new and higher taxes on natural gas development makes for an interesting academic exercise, doing so often overlooks one critical fact: Thanks to Gov. Corbett and strong leadership in the General Assembly, Pennsylvania communities are already benefiting from the impact fee adopted in 2012.
This April, Pennsylvania communities will have benefited from over $600 million in impact fee revenue paid by gas operators collected in the last 18 months. This money is in addition to the over $2.1 billion derived from oil and gas development in other taxes like corporate, sales and personal income — many of which are not levied in other gas-producing states.
There will always be some politicians more interested in creating new taxes than creating new jobs. But don't be fooled.
Those advocating for a new severance tax can do so only if they take away hundreds of millions of dollars from county and municipal budgets. Then where will these dollars come from?
Gov. Corbett believes costs associated with drilling impacts ought to be paid for by gas companies — not local citizens.
The writer is Gov. Tom Corbett's energy executive.
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.