Poll Question: Do You Support The Severance Tax ?

I posted this question to the members of USA, but I'd like to know how the GMS membership feels ?

I will send the results to the Governor, President of the Senate, Speaker of the House, and appropriate committees.

Answer this thread yes or no, or send me a PM.

Do You Support The Severance Tax ?

Thanks,  Mark

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Permalink Reply by ed carrick on June 9, 2013 at 2:24pm

NO if ohio needs money recover the 290 million taft and his buddies stole from ohio

Permalink Reply by Inchworm antenna on June 9, 2013 at 4:40pm

I don't know why people are starting to feel guilty as to settle or support a lesser severance tax.  Did the State of Ohio purchase your farm for you? Are they paying your mortgage on your behalf?  Does the State own shares of stock in your farm? The severance tax is really the State cutting out an overriding royalty for itself, all while not even to have made any investment in your land themselves.  They won't be the last to come picking.  They have their state parks, office parks, jails, universities, and additional lands they have managed to eminent domain, so let them get their cash from that.

 

2z248p19vqnh9Permalink Reply by 2z248p19vqnh9 on June 10, 2013 at 7:32am

Boy, here's the real 'nail in the coffin'...America and China: The summit | The Economist...THIS is the next 'challenge' should we say? Pray a mis-step such as was dome by Kissinger with Russia when he said that HE had authoritative power of control vs. saying, WELL I'l need to get to my boss (US Pres.) & get back to you on this. THAT would have given maneuvering room for US - instead we were put into a position of 'right here, right now...you SAY you have 'the authority' to MAKE DECiSIONS Mr. Kissinger...whoa.

Maybe THAT is ultimately why Nixon got nixed (Nixon nixed...ha,ha...).

ANYWAY - inchworm antenna, good point. WHY do people 'feel guilty'? It's x2 fold.

1) We are a Judo-Christian ethic that 'ingratiates' our mindset to being 'kind'. & THAT in & of itself IS 'fine', but 'kill them with kindness' only goes so far. When you've got a lunatic on your doorstep demanding God knows what...GOD want you to defend yourself. He is a God of love as WELL as a God of punishment & hate at times...KNOW His word.

2) We have been dumbed DOWN to be lap-dog trained & brainwashed to be TOO 'politically correct' (POLITICAL CRAP)! ***No one takes your power from you - YOU 'give it away'. We've kind of been 'European-ized' - turned into lap-dog IDIOTS!

THINK HARD about that. WHAT are you? There's nothing to wrong with the concept /mindset of ***AGREEING TO DISAGREE***.

THINK! As one light lights another, nor grows less - so nobleness enkindles nobleness.

BE YOUR OWN PERSON. STAND FIRM. GOD respects THAT. PEOPLE should NOT 'feel guilty' or that they 'owe anyone' anything. I'm not in ANY way saying not to 'help your neighbor as yourself' when in NEED. SINCERELY, but when push comes to shove...you really don't go farther than that - do you?...good neighbors are 'no neighbors' kind of thought. MAYBE were SO 'smack up against one another that we don't OBSERVE & THINK for ourselves the way things were once done?

GOOD POINTS inchworm antenna...we live in the day & age of 'give an INCH take a MILE' frame of mind...THINK PEOPLE. parks, parks, parks, give, give, give - donate, donate, donate...and when/if you DON'T...whatever. People are so filled up the wa-zoo with all of the 'political crap' AND they think that THEIR *** don't stink - WHAT A JOKE!!! *Blue suede shoes- 'mine are Gucci's' STUPID, insipid mentality - note NOT personality, but MENTALITY.

Permalink Reply by Donald on June 10, 2013 at 1:43pm

Am I the olny one that thinks GGS replys sound like a bunch of goppley gook?

Permalink Reply by Tom on June 10, 2013 at 8:38am

I'm not sure how this increase is exactly worded, but in the rest of the country the severence tax is paid by the Oil & Gas company.  Even where leases are decades old, the producer pays the tax, not the landowner.

Permalink Reply by Bluflame on June 10, 2013 at 2:09pm

Tom,

  I just re-read my lease, and buried deep in the rhetoric is a clause which says "despite anything to the contrary, Lessee shall be responsible for all severance taxes associated with production of oil & gas under this lease". Furthermore, oil & gas is defined to include NGL's and condensate. You are correct (at least for my lease).

  Thanks for pointing that out!

BluFlame

Permalink Reply by Tom on June 10, 2013 at 2:18pm

Oil companies wouldn't fight so hard against these taxes if they were just going to make the landowner pay them.

 

I still don't think severance taxes are a good idea though, they discourage investment and kill jobs.

Permalink Reply by Bluflame on June 10, 2013 at 2:34pm

Tom,

  I lived in Texas for several years, where there is no state income tax, but a reasonable severance tax. Companies moved to Texas in droves during my years there, at least partially to avoid state taxes. Midwesterners abandoned the "Rust Belt" for good-paying jobs and great opportunities in Texas.

  Therefore, properly formulated as revenue-neutral and offsetting the state income tax dollar-for-dollar, I could support a modest increase to the severance tax. That's a big "if", and the politicians are unlikely to create such a tightly written, narrowly formulated document. As noted earlier by others, the temptation to "enhance" the document with other special interest issues is just too great for politicians to resist!

BluFlame

Permalink Reply by w. k. chirpas on June 11, 2013 at 7:03am

NO -  mineral income should not be taxed more than once.  If they are going to tax the severance then there should be no income taxes or property taxes on the asset!   

Permalink Reply by Roughhouse on June 11, 2013 at 7:13am

No. Another bad idea from that moron we have for a governor.

Permalink Reply by william knights on June 11, 2013 at 8:20am

no

Permalink Reply by Well Watcher on June 11, 2013 at 10:39am

No! I told people not to vote for a Wall Street crook. He going to screw up the Turnpike too.

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