LEHIGH VALLEY MORNING CALL: … But that impact fee, which came when the Legislature passed Act 13 in 2012, doesn’t generate the kind of revenue a severance tax would.
A third of the collected fee, about $200 million, is expected to be distributed to counties and municipalities in the next two months.
However, that is less than half the amount the state would have collected in revenue this fiscal year had the Legislature adopted a 5 percent severance tax on extracted gas as West Virginia has… (more)
EDITOR: Gov. Tom Corbett was not about to tax those who had so generously given, about $2 million, to his 2010 election campaign.
