23 October 2012 0 Comments

Shell Cracker’s Corporatist Tax Reduction (Act 16 of 2012) – Consequences

The Liberty Blog has written about Act 16 0f 2012 and the Corporatist Tax Break. The Pittsburgh Post-Gazette now writes of the local impact on both Potter Township and Central Beaver School District.

Central Valley School District will lose $275,000 in property taxes if the land for the proposed ethane “cracker” plant becomes a tax-exempt, Keystone Opportunity Zone. Potter, ¬†would lose about $40,000 in property, tax revenue — about 7 percent of the annual budget for this rural township.¬† READ MORE Officials: Billion-dollar tax break for Beaver County cracker plant will be costly August 29, 2012 Erich Schwartzel Pittsburgh Post-Gazette




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