Gov. Kasich: Some landowners may pay for the proposed severance tax hike

During a press conference this month, Gov. John Kasich said that depending on the terms of their oil and gas leases, some landowners may be responsible for “paying severance taxes for drilling on their property,” Media Trackers reports. Whereas Gov. Kasich has been arguing that an income tax cut in exchange for an increase in the oil and gas severance tax would enable all Ohioans to benefit from the shale industry, he acknowledged during this press conference that these landowners who are responsible for the severance tax as part of their oil and gas leases could face higher taxes, the article said. For more, read the full story here.

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