Posts by michael wood

PA to Expand Medicaid beyond Healthy PA

Yesterday, the Wolf administration announced that it is changing the state's course on Medicaid expansion. Under Governor Corbett, Pennsylvania was to have a Medicaid-light expansion, which expanded coverage for low-income folks, but through private insurers.

Governor Wolf's administration is scrapping this proposal and shifting people who were receiving private coverage to public coverage. This move is supposed to make the coverage options more streamlined and the process less complex for folks covered under the plan.

2015 Could be the Year of the Natural Gas Severance Tax

Enacting a severance tax on natural gas would raise much needed funding for education, environmental, and other critical services and help close the projected $2 billion budget shortfall in the 2015-16 budget. With support from Governor Wolf and many legislators on both sides of the aisle, 2015 could be the year when Pennsylvania finally enacts a severance tax on the withdrawal of this valuable one-time natural resource.

The Empire Strikes Back: Shale Industry Minimizes Potential Severance Tax Revenue, But It's Still More than Impact Fee

Pennsylvania would benefit from switching from its current impact fee to a severance tax. Depending on the estimate, the severance tax could raise two to four times as much revenue as we expect from the impact fee, with this difference growing over time.

Cutting taxes won't spur economic growth

Flying in the face of the often heard rhetoric that tax cuts are the cure for all ills, a new study finds that cuts to business taxes are at best ineffective, and at worst harmful to state economic growth and development. A better strategy for growth is to increase investment in education and infrastructure.