It's not enough for the extraction of a one time resource that should benefit Ohioans, no matter what the drillers say. Neighboring states have higher severance taxes and Ohio should too. West Virginia's is 5.79%, Maryland's is 5.5%, Michigan, 5%. Pennsylvania has no severance tax, but an "impact fee." Texas has a 7.5% tax and Okalhoma's is 7%. A good case cannot be made that Ohio should accept less.
Intelligent use of part of the taxes should include a trust fund, like Alaska's Permanent Fund, and the fund proposed in West Virginia, a rainy day fund, used to diversify the economy and support citizens in various ways.
When Obama suggests this kind of thing, he's a commusocialmarxifascist. When Kasich wants to do it, its a good idea. After all, isn't he "punishing" the "job creators?"
I'd like to see the state build up a nice reserve for a rainy day fund as well as for projects that would benefit all Ohioans such as rebuilding the infrastructure or removing/reducing some of the gasoline tax that Ohio now levys on every gallon purchased at the pump. Or how about really cheap natural gas rates to help all Ohioans heat their homes or a yearly check to every Ohio taxpayer much like Alaska has provided to their citizens each year.
Instead, we will likely see politicians funnel any extra dollars to union thugs, special interest groups, or to the creation of non-essential programs such as dog parks, senior centers, art and cultural boondoggles, etc.
With an abundace of gas soon to be produced we must keep in mind that taxation pays to operate the state. Now is not the time to cut any taxes. During times of prosperity taxation should be increased to promote conservation and allow government to operate smoothly. Our resources should benefit everyone and not just a greedy few. We have taxation to pay the costs of keeping the state in order.
Now is the time to tax fossil fuels heavily to promote green energy. Cheap fuel only accelerates pollution. Let's bring about refinement to Ohio and lead the way for others.
I'd prefer to pay income taxes than give away our resources to these mega rich companies who don't care about your well being. I'm sure Kasich is getting some back pocket money on this deal. Once our resources our gone they will up and leave us with a barren land with little or no use. And what about the byproducts of drilling? You'll be drinking it from your faucet.
Comments
I Agree .
Most of the time I disagree with the GOV. But this time I think he is right .
And hopes it goes through
I am usually against raising taxes, but this makes a ton of sense and is something most Ohioans can come to a consensus on.
It's not enough for the extraction of a one time resource that should benefit Ohioans, no matter what the drillers say. Neighboring states have higher severance taxes and Ohio should too. West Virginia's is 5.79%, Maryland's is 5.5%, Michigan, 5%. Pennsylvania has no severance tax, but an "impact fee." Texas has a 7.5% tax and Okalhoma's is 7%. A good case cannot be made that Ohio should accept less.
Intelligent use of part of the taxes should include a trust fund, like Alaska's Permanent Fund, and the fund proposed in West Virginia, a rainy day fund, used to diversify the economy and support citizens in various ways.
When Obama suggests this kind of thing, he's a commusocialmarxifascist. When Kasich wants to do it, its a good idea. After all, isn't he "punishing" the "job creators?"
TAX AND SPEND, TAX AND SPEND, what a job killing socialist, pinko,commie.
Good idea.
I'd like to see the state build up a nice reserve for a rainy day fund as well as for projects that would benefit all Ohioans such as rebuilding the infrastructure or removing/reducing some of the gasoline tax that Ohio now levys on every gallon purchased at the pump. Or how about really cheap natural gas rates to help all Ohioans heat their homes or a yearly check to every Ohio taxpayer much like Alaska has provided to their citizens each year.
Instead, we will likely see politicians funnel any extra dollars to union thugs, special interest groups, or to the creation of non-essential programs such as dog parks, senior centers, art and cultural boondoggles, etc.
And now the Ytown class act comes out .
With an abundace of gas soon to be produced we must keep in mind that taxation pays to operate the state. Now is not the time to cut any taxes. During times of prosperity taxation should be increased to promote conservation and allow government to operate smoothly. Our resources should benefit everyone and not just a greedy few. We have taxation to pay the costs of keeping the state in order.
Now is the time to tax fossil fuels heavily to promote green energy. Cheap fuel only accelerates pollution. Let's bring about refinement to Ohio and lead the way for others.
STOP (aka) Stan the man
Stan? Sorry,you didn't pick the right door.
I'd prefer to pay income taxes than give away our resources to these mega rich companies who don't care about your well being. I'm sure Kasich is getting some back pocket money on this deal. Once our resources our gone they will up and leave us with a barren land with little or no use. And what about the byproducts of drilling? You'll be drinking it from your faucet.