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Wolf Proposing Gas Severance Tax

Governor Tom Wolf pitched a severance tax on natural gas drilling Wednesday, a proposal he mentioned during his campaign. Wolf believes the tax could generate $...
gov wolf gas tax

Governor Tom Wolf pitched a severance tax on natural gas drilling Wednesday, a proposal he mentioned during his campaign.

Wolf believes the tax could generate $1 billion a year.

He made his case Wednesday during a visit to an elementary school in Chester County.

Wolf proposes to use a five percent severance tax to help restore school funding that was cut under the previous administration.

"We are the only state with natural resources without a severance tax. With that we could actually do something to close the gap in terms of funding public education, something that would help all of us," Gov. Wolf said.

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