PA IFO Predicts Impact Tax Revenue to Drop 9% in 2024

Pennsylvania assesses an impact fee (PA’s version of a severance tax) on shale drillers, raising revenues that are paid to local municipalities and the black hole of Harrisburg politicians. Yesterday, the PA Independent Fiscal Office (IFO) issued an estimate for how much the impact fee will raise this year, which will be distributed next year….

The post PA IFO Predicts Impact Tax Revenue to Drop 9% in 2024 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.