Government Taxes and Government Subsidies the same industry but not the same people

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  • 7/30/2019 Government Taxes and Government Subsidies the same industry but not the same people

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    As it turns out, The Marcellus ShaleImpact Fee is redistributed by number of wells, yet

    Philadelphia County and Bucks County, both of which have moratoriums (Act 87 of 2012for Bucks County) get millions despite hostility to Marcellus Shale drilling

    Bucks: $530,461.69

    Chester: $423,255.23

    Delaware: $474,238.17

    Montgomery: $678,613.66

    Philadelphia: $1,294,664.55

    Impact Fee Revenue Will Boost Conservation Efforts, MontCo Kate Harper

    Says Pennsylvanias five southeastern counties will receive more than $3.4 million

    in revenue from the collection of an impact fee on natural gas drilling activities in

    the Marcellus Shale, said Rep. Kate Harper (R-Montgomery).The funding awarded

    directly to the counties is just a small portion of the nearly $200 million in impact

    fees collected so far this year. Additional revenue is dedicated to municipalities

    where drilling is taking place; to state agencies for the regulation of drilling

    activities and administration of the impact fee law; and to environmental

    initiatives, such as the Environmental Stewardship Fund, Hazardous Sites Cleanup

    Fund and county conservation districts. READ MORERep Kate Harper email

    update

    The Commonwealth Foundation provides an analysis with recommendations for areal impact fee, not a phony political impact fee.READ MOREFor More

    Information seeEnergy In DepthandMarcellus Shale Coalition

    No one has died, or even been sickened, by naturalgas drilling, hydraulic fracturing, and horizontal drilling. In fact, more people have

    been hitby lighteningandmore here than by Marcellus Shale drilling.

    Tier 3 Against Liberty A YEA vote deducts 50 points from grade.

    *

    http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1263http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1263http://www.kateharper.net/emailcontent.aspx?id=11927http://www.kateharper.net/emailcontent.aspx?id=11927http://www.kateharper.net/emailcontent.aspx?id=11927http://www.kateharper.net/emailcontent.aspx?id=11927http://www.kateharper.net/emailcontent.aspx?id=11927http://www.commonwealthfoundation.org/policyblog/detail/impact-fee-compromise-on-details-not-principleshttp://www.commonwealthfoundation.org/policyblog/detail/impact-fee-compromise-on-details-not-principleshttp://www.commonwealthfoundation.org/policyblog/detail/impact-fee-compromise-on-details-not-principleshttp://www.energyindepth.org/http://www.energyindepth.org/http://www.energyindepth.org/http://marcelluscoalition.org/about/http://marcelluscoalition.org/about/http://marcelluscoalition.org/about/http://espn.go.com/racing/nascar/cup/story/_/id/8240051/nascar-fan-hit-lightning-upgraded-stable-conditionhttp://espn.go.com/racing/nascar/cup/story/_/id/8240051/nascar-fan-hit-lightning-upgraded-stable-conditionhttp://espn.go.com/racing/nascar/cup/story/_/id/8240051/nascar-fan-hit-lightning-upgraded-stable-conditionhttp://abclocal.go.com/wpvi/story?section=news/local&id=8775863http://abclocal.go.com/wpvi/story?section=news/local&id=8775863http://abclocal.go.com/wpvi/story?section=news/local&id=8775863http://espn.go.com/racing/nascar/cup/story/_/id/8240051/nascar-fan-hit-lightning-upgraded-stable-conditionhttp://marcelluscoalition.org/about/http://www.energyindepth.org/http://www.commonwealthfoundation.org/policyblog/detail/impact-fee-compromise-on-details-not-principleshttp://www.kateharper.net/emailcontent.aspx?id=11927http://www.kateharper.net/emailcontent.aspx?id=11927http://www.kateharper.net/emailcontent.aspx?id=11927http://www.kateharper.net/emailcontent.aspx?id=11927http://www.kateharper.net/emailcontent.aspx?id=11927http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1263
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    Act 16 of 2012 Feb

    14 of 2012 SB 1237 Keystone Opportunity Zone for Shell Cracker Facility

    The Liberty Index scores Act 16 of 2012 Tier 3 (Major Impact on Liberty)AGAINST LIBERTY and AGAINST THE FORGOTTEN TAXPAYER because it is gives a

    special tax subsidy to one specific business, in effect, a tax cut for one business

    not available to other productive businesses.

    Senate Bill 1237(Act 16) adds a new Keystone Opportunity Zones (KOZ), tax free

    areas designed to promote economic development; FISCAL NOTE HOUSE

    COMMITTEE ON APPROPRIATIONS describes Act in detail. SB 1237 appears to be

    special legislation to benefit one company and one project.Is Corporate Welfare

    for Shell Cracker Good for PA? Commonwealth Foundation March 19, 2012 by

    Elizabeth Stelle Astute readers may remember that last month Pennsylvania

    earned the dubious distinction of thehighest taxes for mature businessesand the

    second highest taxes for new businesses. So how did Pennsylvania just beat out

    Ohio and West Virginia for the Shell Oil Co. cracker plant that is estimated to

    create more than10,000 construction and 10,000 permanent jobs?

    ThePost Gazette has the answer, "Gov. Tom Corbett and his closest advisers

    spent months wooing the company." In other words, corporate welfare.

    Pennsylvania's corporate taxes are so awful that the Corbett administration had

    to wine and dine company officials andhand over special tax exemptions and

    subsidies to seal the deal.

    The concept of Keystone Opportunity Zones is that lower taxes promote

    productive growth. KOZs are problematic in that it is difficult to measure whether

    the intended purpose has been achieved by targeted tax subsidy and if tax cut

    http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1237http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1237http://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=HTM&sessYr=2011&sessInd=0&billBody=S&billTyp=B&billNbr=1237&pn=1918http://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=HTM&sessYr=2011&sessInd=0&billBody=S&billTyp=B&billNbr=1237&pn=1918http://www.legis.state.pa.us/WU01/LI/BI/FN/2011/0/SB1237P1918.pdfhttp://www.legis.state.pa.us/WU01/LI/BI/FN/2011/0/SB1237P1918.pdfhttp://www.legis.state.pa.us/WU01/LI/BI/FN/2011/0/SB1237P1918.pdfhttp://www.commonwealthfoundation.org/policyblog/detail/is-corporate-welfare-for-shell-cracker-good-for-pahttp://www.commonwealthfoundation.org/policyblog/detail/is-corporate-welfare-for-shell-cracker-good-for-pahttp://www.commonwealthfoundation.org/policyblog/detail/is-corporate-welfare-for-shell-cracker-good-for-pahttp://www.commonwealthfoundation.org/policyblog/detail/is-corporate-welfare-for-shell-cracker-good-for-pahttp://www.commonwealthfoundation.org/policyblog/detail/is-corporate-welfare-for-shell-cracker-good-for-pahttp://www.commonwealthfoundation.org/policyblog/detail/pennsylvania-businesses-face-the-highest-taxeshttp://www.commonwealthfoundation.org/policyblog/detail/pennsylvania-businesses-face-the-highest-taxeshttp://www.commonwealthfoundation.org/policyblog/detail/pennsylvania-businesses-face-the-highest-taxeshttp://www.essentialpublicradio.org/story/2012-03-15/governor-tom-corbett-optimistic-about-potential-cracker-plant-10485http://www.essentialpublicradio.org/story/2012-03-15/governor-tom-corbett-optimistic-about-potential-cracker-plant-10485http://www.post-gazette.com/stories/local/marcellusshale/shell-picks-beaver-county-for-cracker-plant-358804/http://www.post-gazette.com/stories/local/marcellusshale/shell-picks-beaver-county-for-cracker-plant-358804/http://www.greenlaunches.com/entry_image/0609/12/shell-station-thumb-450x312.jpghttp://www.greenlaunches.com/entry_image/0609/12/shell-station-thumb-450x312.jpghttp://www.post-gazette.com/stories/local/marcellusshale/shell-picks-beaver-county-for-cracker-plant-358804/http://www.essentialpublicradio.org/story/2012-03-15/governor-tom-corbett-optimistic-about-potential-cracker-plant-10485http://www.commonwealthfoundation.org/policyblog/detail/pennsylvania-businesses-face-the-highest-taxeshttp://www.commonwealthfoundation.org/policyblog/detail/is-corporate-welfare-for-shell-cracker-good-for-pahttp://www.commonwealthfoundation.org/policyblog/detail/is-corporate-welfare-for-shell-cracker-good-for-pahttp://www.commonwealthfoundation.org/policyblog/detail/is-corporate-welfare-for-shell-cracker-good-for-pahttp://www.legis.state.pa.us/WU01/LI/BI/FN/2011/0/SB1237P1918.pdfhttp://www.legis.state.pa.us/WU01/LI/BI/FN/2011/0/SB1237P1918.pdfhttp://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=HTM&sessYr=2011&sessInd=0&billBody=S&billTyp=B&billNbr=1237&pn=1918http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=S&type=B&bn=1237
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    promotes jobs and an increased standard of living, why not tax cuts for all and let

    a decentralized, diversified and independent individual human actors in the Free

    Market make the decisions rather than a few Statist Elitist Technocratic by the

    numbers Reality Based Central Planners.

    Tier 3 Against Liberty A YEA vote deducts 50 points from grade.

    *

    ACT 85 of 2012 July 2 2012HB 761

    Tax Reform Code of 1971 contains both EITC and the Shell Cracker Tax Credit

    and Subsidy.

    The Liberty Index scores Act 122 of 2012 Tier 3 (Major Impact on Liberty)

    AGAINST LIBERTY and AGAINST THE FORGOTTEN TAXPAYER because this

    omnibus bill falls far short of what is needed to grow Pennsylvanias productive

    economy. Like Act 25 of 2011 which gave the appearance of being taxpayer

    friendly, Act 85 of 2012 misdirects and does little to effect hoped for results. Forexample, although Act 85 of 2012 doubles the Education Improvement Tax Credit

    to $150,000,000 this is an infinitesimal percentage of the more than

    $26,000,000,000spent by the unionized, government K-12 system. Omnibus Bills

    are a Mixed Bag Three Card Monte good mixed with bag to swindle The

    Forgotten Taxpayer.

    http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=H&type=B&bn=0761http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=H&type=B&bn=0761http://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=H&type=B&bn=0761http://thelibertyblog.org/wp-content/uploads/2012/08/ThreeCardMonteManwithCards-150x150.jpghttp://thelibertyblog.org/wp-content/uploads/2012/08/ThreeCardMonteManwithCards-150x150.jpghttp://www.legis.state.pa.us/cfdocs/billinfo/billinfo.cfm?syear=2011&sind=0&body=H&type=B&bn=0761
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    moratorium on natural gas drilling and a geological study of something

    called the South Newark Basin.

    Anti-drilling activists choked on their coffee the next morning.

    For at least three years, the phrase drilling moratorium has been political

    profanity among Republicans who control both chambers of the Legislature and

    the Governors Residence

    The only thing more shocking than a Republican-sponsored drilling moratorium

    was where it was located: suburban Philadelphia, far outside the gas-rich

    Marcellus Shale.

    A week or so earlier, the U.S. Geological Survey had issued a report that estimated

    that 363 billion cubic feet of natural gas might lie in a geologic formation calledthe South Newark Basin, which underlies portions of southern New Jersey and

    Bucks, Montgomery and Berks counties in southeastern Pennsylvania.

    To put things in perspective, thats less than half of 1 percent of all the gas the

    USGS estimates to be in theMarcellus Shale.

    http://www.pennlive.com/midstate/index.ssf/2012/09/is_there_natural_gas_und

    er_the.html#incart_river_default

    Oil and Gas Operations in the South Newark Basin prohibits the Department of

    Environmental Protection from issuing any oil and gas well operations permits

    within the geographic boundaries of the South Newark Basin until all the

    following occurs: a study is completed by the Department of Conservation and

    Natural Resources, in consultation with municipalities located in the South

    Newark Basin, evaluating the practical resource recovery implications of the June

    2012 report issued by the United States Geological Survey and the fiscal impact of

    oil and gas operations on the South Newark Basin, and legislation authorizes the

    governing body of a county situated in whole or in part within the South Newark

    Basin that has spud gas well located within its borders to elect whether to impose

    a fee on gas wells pursuant to 58 Pa.C.S. Ch. 23.

    3) Harrisburg Bond Holder Bail Out of Financially Distressed Municipalitiesextends the expiration of this Article preventing third class cities, meaning

    http://www.pennlive.com/marcellus-shale/http://www.pennlive.com/marcellus-shale/http://www.pennlive.com/marcellus-shale/http://www.pennlive.com/midstate/index.ssf/2012/09/is_there_natural_gas_under_the.html#incart_river_defaulthttp://www.pennlive.com/midstate/index.ssf/2012/09/is_there_natural_gas_under_the.html#incart_river_defaulthttp://www.pennlive.com/midstate/index.ssf/2012/09/is_there_natural_gas_under_the.html#incart_river_defaulthttp://www.pennlive.com/midstate/index.ssf/2012/09/is_there_natural_gas_under_the.html#incart_river_defaulthttp://www.pennlive.com/midstate/index.ssf/2012/09/is_there_natural_gas_under_the.html#incart_river_defaulthttp://www.pennlive.com/marcellus-shale/
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    the bankrupt City of Harrisburg, from filing for bankruptcy from July 1,

    2012, to November 30, 2012. No adverse impact on Commonwealth funds

    Tier 3 Against Liberty A YEA vote deducts 50 points from grade.*