Rendell and Marcellus Shale—Taxing the “Golden Goose”
This commentary on Pennsylvania’s “progressive” taxation has a lesson for Maine voters and political leaders, if only we will learn from it. These wise words come from Dr. John A. Sparks, a Dean of Grove City College, a fine college in that state.
Excerpt:
Imagine that you are governor of the state of Pennsylvania, and private enterprisers discover a new, clean source of fuel within the state’s borders, a source which would help reduce the costs of energy, provide jobs for companies and workers, yield additional tax revenues from existing taxes, and augment local taxes. What response would one expect from the state’s governor? If you are one of the new progressives, like Ed Rendell, governor of Pennsylvania, your immediate response is: “Tax ‘em some more.” Tax the new “golden goose,” even when it has only just begun to lay “golden eggs.”
Read the rest at this link:
Rendell and Marcellus Shale—Taxing the “Golden Goose”.
Dr. John A. Sparks is Dean of the Calderwood School of Arts & Letters at Grove City College, Grove City, PA. He is a graduate of Grove City College in Economics and holds a Juris Doctor from the University of Michigan Law School. Dr. Sparks teaches Constitutional law and Business law at Grove City College and is a Fellow in The Center for Vision & Values there.
