This Week at Third and State: Tax Break for Shell Cracker Plant, Payday Lending and Budget Myths

This week at Third and State, we blogged about Governor Tom Corbett's proposal to give Shell Oil Co. a $1.65 billion tax credit over 25 years for building an ethane cracker plant in Pennsylvania. We also wrote about the passage of legislation in the state House to legalize predatory payday lending, the myths behind Governor Corbett's budget myths, the national job numbers for May, and more. 


  • On the state budget, Sharon Ward blogged about the five "myths" the Corbett administration claims are circulating about the governor's proposed budget — and the myths behind the myths.
  • On tax policy, Mark Price highlighted a Philadelphia Daily News report on Governor Corbett's proposal to give Shell a $1.6 billion tax credit for locating an ethane cracker plant in the state. Chris Lilienthal wrote about a Capitolwire report asking whether Shell should get such a large tax break for jobs that other companies may bring to Pennsylvania.
  • On consumer protection, Mark Price was on top of developments with the payday lending bill, which passed the House on Wednesday. He had updates here and here and blogged about the bill's final passage here.
  • On job and the economy, Mark Price made sense of the national jobs numbers for May. He also took a look at the impact of economic austerity on Pennsylvania schools.

More blog posts next week. Keep us bookmarked and join the conversation!


0 comments posted

Post new comment

Comment Policy:

Thank you for joining the conversation. Comments are limited to 1,500 characters and are subject to approval and moderation. We reserve the right to remove comments that:

  • are injurious, defamatory, profane, off-topic or inappropriate;
  • contain personal attacks or racist, sexist, homophobic, or other slurs;
  • solicit and/or advertise for personal blogs and websites or to sell products or services;
  • may infringe the copyright or intellectual property rights of others or other applicable laws or regulations; or
  • are otherwise inconsistent with the goals of this blog.

Posted comments do not necessarily represent the views of the Keystone Research Center or Pennsylvania Budget and Policy Center and do not constitute official endorsement by either organization. Please note that comments will be approved during the Keystone Research Center's business hours.

If you have questions, please contact [email protected]

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <p> <img>
  • Lines and paragraphs break automatically.