Be the first to like this
An analysis from Ernst & Young of a proposal by Ohio Gov. John Kasich to inflict a high severance tax on Utica Shale drillers in his state. The so-called analysis supposedly shows even with the nosebleed new tax in Ohio, it would still rank lower in overall effective tax rates on drilling than other competing states. No mention, however, of why it's OK for Ohio to steal money from a specific industry to redistribute it to those who didn't earn it.