27 Jul 2008

New York State should enact a natural gas depletion tax

by | Date: 27 Jul 2008 | posted in: Energy, From the Desk of David Morris, Media Coverage, The Public Good | 0 Facebooktwitterredditmail

Buffalo News, July 27, 2008 The newly discovered natural gas reserves in the deep layer of rock of the Marcellus Shale, which lies under the Southern Tier, are potentially worth more than $70 billion. On Wednesday, Gov. David Paterson signed a bill making it easier for companies to drill for natural gas. Unfortunately, he didn’t sign … Read More
5 Jun 2008

Balancing Budgets By Raising Depletion Taxes

by | Date: 5 Jun 2008 | posted in: environment, From the Desk of David Morris, governance, The Public Good | 0 Facebooktwitterredditmail

This June 2008 policy brief by Justin Dahlheimer concludes that states could generate hundreds of millions, in some cases billions, of dollars in additional revenue each year by implementing or adjusting depletion tax policies. The report illustrates how current depletion tax policies, in many cases, fail to account for the full value of the natural resources, depriving state and local governments of additional revenue that could be useful in current and future fiscal years.

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4 Jun 2008

Balancing Budgets By Raising Depletion Taxes

by | Date: 4 Jun 2008 | posted in: Energy, From the Desk of David Morris, Press Release, The Public Good | 0 Facebooktwitterredditmail

For Immediate Release PRESS RELEASE CONTACT: 612-276-3456 BALANCING BUDGETS BY RAISING DEPLETION TAXES   Minneapolis, Minn.— (June 4, 2008). A new report by the Institute for Local Self-Reliance (ILSR) concludes states could generate hundreds of millions, in some cases billions, of dollars in additional revenue each year by implementing or adjusting depletion tax policies. Thirty-eight states … Read More