Natural Gas Forum For Landowners

Open Discussion => Natural Gas Leasing => Pennsylvania => Topic started by: TShepstone on July 16, 2017, 04:47:10 AM

Title: The Fake News About Pennsylvania's Impact Fee
Post by: TShepstone on July 16, 2017, 04:47:10 AM
The Fake News About Pennsylvania's Impact Fee

Every budget season the fake news about Pennsylvania’s Marcellus Shale Impact Fee starts being spread by advocates of a severance tax who deny we have one.

http://naturalgasnow.org/fake-news-pennsylvanias-impact-fee/
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 05:25:25 AM



  I am curious about how you come up with a 9.3% effective rate on natural gas. The state said 5.1 trillion cubic feet of gas was produced in 2016. That should of got at least 10 billion dollars of revenue. Could I see your math on that.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: ghrit on July 16, 2017, 07:18:24 AM



  I am curious about how you come up with a 9.3% effective rate on natural gas. The state said 5.1 trillion cubic feet of gas was produced in 2016. That should of got at least 10 billion dollars of revenue. Could I see your math on that.
That figure is from the article, which I hasten to add, is by Brittany Ramos who is employed by your fave gasco, Cabot.  You might ask her to justify her numbers.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 07:30:27 AM



 I just did. Very happy to be with Cabot.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: kenneth12 on July 16, 2017, 07:39:03 AM
macal, excuse me if I can't help noticing that you read (or were told or had read to you?) about the "9.3% effective rate" but needed the help of Ghrit to notice at the top of the page who wrote the article and who she worked for  slaplaugh.  Ghrit's such a mensch taking you by the hand so often.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 08:10:05 AM



   Yea, just waiting to see her Math. Seems kinda fuzzy to me. Kinda like Republican math.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: riverrat on July 16, 2017, 10:16:06 AM
you mean like "INSURANCE WILL DROP BY $ 2500"
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 10:53:50 AM



  Insurance definitely went way up for folks not in a group plan and make over a hundred grand a year like you rat. Way down for others.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: windycamel on July 16, 2017, 12:05:53 PM
i was thinking just now how an inpact fee would be beneficial to someone who owns
gas producing property in PA, but lives in another state. would it be better to have a
severence tax so that they could take advantage of tax deductions? impact fees surely don't beneifit an out- of- statist.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: Wax on July 16, 2017, 12:57:20 PM
i was thinking just now how an inpact fee would be beneficial to someone who owns
gas producing property in PA, but lives in another state. would it be better to have a
severence tax so that they could take advantage of tax deductions? impact fees surely don't beneifit an out- of- statist.

impact fees surely don't beneifit an out- of- statist.

Non residents pay Pa state income tax on income from Pa.

Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 01:30:14 PM



  The impact fee will stay intact and be credited towards the proposed severance tax.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: ghrit on July 16, 2017, 01:54:30 PM
So there will be two taxes.  Good plan.

Well, not so good at all.  In fact, whoever thought that scheme up is balmy.  Belfry is fulla bats, too.  In fact, I rather imagine you dreamed it up during the last session in the den.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 02:08:14 PM



  The overall rate would be the same and comparable to other big energy states.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: riverrat on July 16, 2017, 03:46:10 PM



  Insurance definitely went way up for folks not in a group plan and make over a hundred grand a year like you rat. Way down for others.
  more fake bull  premiums went up average of 20 to 30 percent  those in group plans saw there deductibles and copays increase you like to use teachers as a point ask how much deductibles went up for Sayre teachers & how much Tuncannock wants to raise deductibles & copay for there teachers the middle class as usual got it right in the a**   thanks to your so called helpers of the middle class   Demodips
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 04:25:51 PM


  And that is Obamas fault. And since when did you guys start caring about teachers ?
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: riverrat on July 16, 2017, 05:54:29 PM
maybe your not a teen ager living in your mothers basement by your replys  the inability to comprehend your more like a 4 yr old  how you can come up where my post was trashing teachers is beyond me    yes it's obam's  fault one plan fits all making insurance more expensive   group plans that people can't afford deductibles  the only people that gained were the new Medicaid eligible  FYI my insurance cost  hasn't changed no matter what I make  it's paid by the company I worked for       
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 06:58:06 PM



  Rat, any of the teachers you know specialize in Math. How in the hell can $178,000,000 dollars on 5.1 trillion cubic feet of gas equal a 9.3% tax equivalent ?
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: ghrit on July 16, 2017, 08:11:44 PM


since when did you guys start caring about teachers ?
Your reading skills are defective, it seems.  Read it again AFTER you engage your logic synapses.
Title: Re: The Fake News About Pennsylvania's Impact Fee
Post by: macal on July 16, 2017, 08:55:23 PM



 I'd say my reading skills are average. Math skills are pretty good.
  Why don't you geniuses throw your calculators on the little math problem.