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Two Dimes in Taxes Beats a Negative Return on Investments

Apr, 9, 2015Posted in Energy, Jobs

With over $30 billion invested in Ohio’s energy renaissance, the revenue generated so far totals roughly $3 billion. The road to profitability will be a long one — and even longer if Ohio increases the severance, sales, and CAT tax. This reality could chase energy companies to other shale formations with shorter timelines to profitability for investors.

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Opportunity Ohio President Matt Mayer is the author of several books on public policy. All proceeds from sales of the books are donated to the Ronald Reagan Presidential Foundation and Library.