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Ohio lawmakers who oppose fracking tax have gotten lots of money from frackers

2013-07-19 00:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Oil and gas companies have been on a fracking spree in Ohio for a couple of years now, but they`re not bringing many jobs to the state, so Republican Gov. John Kasich has been trying to get them to give back in another way: via a fracking tax. Under Kasich`s proposal, revenue from the fracking tax would be used to reduce income taxes, an idea that proved overwhelmingly popular with voters, including many Republicans. And the tax would be in line with those imposed by most other oil- and gas-producing...

Tags: money tax lots ohio

 

United Kingdom: Fracking companies should not get tax breaks, says No 10 adviser

2013-07-18 21:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Shale gas fracking companies should not be granted tax breaks, a leading Downing Street adviser has said, because their operations are likely to be profitable without such incentives even as the government prepared to offer developers a new "pad allowance" for the wells they drill, to encourage more of the controversial exploration. Peter Lilley, the climate sceptic Tory MP who is an adviser on foreign policy in No 10, said in a debate on shale gas in Westminster Hall on Thursday afternoon:...

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Suffolk council members want property tax refund changes

2013-07-18 10:16:52| Paper - Topix.net

The reaction comes after City Council members recently learned about a $329,866 refund that the city assessor made in March to correct a nearly 10-year-old error.

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Oil, gas lobby shell out big money to defeat Ohio tax

2013-07-17 22:02:46| Oil & Gas - Topix.net

When Ohio Gov. John Kasich pitched his budget a few months ago, he made a big deal about a "fracking tax" that would bring billions of dollars to the state in the coming years.

Tags: big money tax gas

 

Car sales drive jump in sales tax revenue

2013-07-17 09:44:10| Auto Dealers - Topix.net

An increase in June sales tax revenues were driven in part by new car and light truck sales, which surged 12.6 percent between January and May. According to the California Board of Equalization, sales tax collections in June were $268.8 million higher than what they were a year ago.

Tags: sales car jump drive

 

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