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If You Tax It, They Will Leave

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“If you want to go to work, you can find a job.”

How many places in Pennsylvania, in fact in America, can make that boast? They can in Bradford County where County Commissioner Doug McLinko explains that drilling for gas in the Marcellus Shale deposit has been an economic boom for his region – this while the rest of the nation suffers through the biggest recession since the Great Depression.

One reason for the boom is that Pennsylvania has not killed off the still developing natural gas industry by enacting a severance tax that would make the activity less profitable and choke off or at least slow down the economic development which is currently taking place. But,there is growing political pressure to enact additional taxes on gas drillers.

Read the entire article in the May 2011 issue of the Business Magazine.