Kasich: "There is Movement On a Severance Tax"

From Cleveland.com:
Gov. John Kasich said Friday he still hopes legislators will increase Ohio's tax on gas and oil profits as he has proposed, but cautioned that if they don't act, the decision could wind up before Ohio voters. 
"We talked internally about trying to figure out who out there in the community may want to put this thing on the ballot," Kasich said during a meeting with the news media. 
The Kasich administration is working now with lawmakers on his budget proposal for the next biennium. A budget must be approved by June 30. 
As was the case with his last budget proposal,the governor wants lawmakers to increase the state's tax on oil and gas extracted by fracking wells. He has argued that all Ohioans should benefit from the harvesting of the state's natural resources.
Read more by clicking here.

Connect with us on Facebook and Twitter!

Popular posts from this blog

US Postal Service Subpoenas Chesapeake Energy on Royalty Payments

Why the Utica Shale is Under-Appreciated