Tax and Budget

April 27, 2011

Natural gas drillers claim they have paid hundreds of millions of dollars in Pennsylvania taxes, but data from the state Department of Revenue tell a different story, according to a report from the Pennsylvania Budget and Policy Center.

Updated: April 27, 2011

Natural gas drillers claim they have paid hundreds of millions of dollars in Pennsylvania taxes, but data from the state Department of Revenue tell a different story. In tax year 2008, the oil and gas industry paid $38.8 million in Pennsylvania state business taxes.

April 11, 2011

In 2010, West Virginia, Texas and Arkansas, all of which impose a drilling tax, led the nation in new gas wells, while Pennsylvania, without a drilling tax, came in sixth. These facts contrast with recent statements made by Acting Revenue Secretary Dan Meuser before the Pennsylvania House Appropriations Committee.

March 10, 2011

Governor Tom Corbett's 2011-12 state budget makes deep cuts to education and higher education, as well as across-the-board cuts to most services and departments. At $27.3 billion, the budget is 3.1%, or $866 million, less than the available 2010-11 budget.

March 3, 2011

Coming out of the recession, Pennsylvania must take a forward-looking approach to the state budget that focuses on creating jobs and ensuring our long-term economic success, according to a report released today.

October 29, 2010

The Tax Foundation released its 2011 Business Tax Climate Index this week. According to the report, Pennsylvania ranked 26th in the nation. But the index has some methodological problems that limit its usefulness.

October 12, 2010

The compromise severance tax plan would generate 40% less revenue than the Governor's original proposal, but Senate leaders have rejected it. PBPC has a comparison of the revenue generated from the various severance tax plans out there.

October 12, 2010

The Pennsylvania Budget and Policy Center has put together a table comparing the details of two plans to enact a severance tax on natural gas in the Marcellus Shale - one approved by the state House of Representatives and the other endorsed by the state Senate Republicans.

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