API-PA: Senate tax hike is an assault on Pennsylvania families
Reid Porter | email@example.com | 202.682.8114
HARRISBURG, Pa., July 27, 2017 – API Pennsylvania (API-PA) responded to the Senate’s proposal to raise taxes on Pennsylvania’s natural gas industry.
“This narrow vote was met by bipartisan opposition for good reason; it’s a political ploy targeting job creators and industry to pay more and families to take home less,” said API-PA Executive Director Stephanie Catarino Wissman. “This punitive tax hike isn’t about paying one’s fair share or doing one’s part; the natural gas industry alone has paid over $1.2 billion in impact taxes since 2011, the bulk of which goes to local governments. The real impact is on Pennsylvania families who could be paying much more for living in Pennsylvania if the House doesn’t reject this measure.
“It is a backwards approach that ignores economic reality, puts tens of thousands of good family sustaining jobs and money for groceries in peril, while jeopardizing the future prosperity of the commonwealth.
“The Senate’s action today makes Pennsylvania manufacturers and employers less competitive. Rather than offering proposals that could harm consumers and diminish Pennsylvania’s competitiveness our elected officials should look at ways to promote public policies that expand Pennsylvania’s opportunity to thrive and our families to succeed.
“We can continue to work together by making investments in Pennsylvania and that begins with smart energy policy so that the benefits of energy development continue to flow.”
Additional information on the revenue and production activity of Pennsylvania’s oil and natural gas industry is available through the Pennsylvania Department of Environmental Protection’s 2016 annual report available online here.
The API-PA is a division of API, is a division of API, which represents all segments of America’s oil and natural gas industry. API’s more than 625 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. Our members provide most of the nation’s energy and are backed by a growing grassroots movement of more than 40 million Americans.