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Sep 7, 2010

TAX POLICY * USA - Severance tax not just cash

Scranton,PA,USA -The Scranton Times Tribune -September 5, 2010: -- Roadside inspections conducted by state police between January and July found that 40 percent of the inspected trucks tied to the natural gas industry violated safety rules. The rate is about 17 percentage points higher than the national average for the trucking industry as a whole, according to the state Department of Environmental Protection... That should inform lawmakers about the structure of the extraction tax on Marcellus Shale natural gas that they have committed to enact by Oct. 1. It's not just about revenue, but important public policy...

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