Pileggi: Fracking Tax Inevitable

Says Corbett's promise not to tax natural gas extraction was a mistake.

State Senate Majority Leader Dominic Pileggi expects the state to adopt a fracking tax — and says that Gov. Tom Corbett’s refusal to impose an extration tax on natural gas was a mistake.

Chadds Ford Live reports:

He called Gov. Tom Corbett’s campaign promise to avoid an extraction tax a mistake that the governor now realizes. “Love him or hate him, the governor kept his word,” Pileggi said.

The senator said natural gas companies have approached him and asked to be taxed, saying: “We know it’s coming sooner or later.”

Pileggi believes that arguments that the industry would be driven elsewhere are baseless, pointing out that Pennsylvania is the only state without an extraction tax.

Pileggi made the comments during a Sept. 17 dinner meeting of the Business and Professional Association of Western Delaware County.