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<blockquote data-quote="Marbleyes" data-source="post: 198013" data-attributes="member: 675"><p>My post was regarding your redistribution of wealth comment. If the taxes weren’t withheld, how would they collect the taxes on mineral owners who live out of state? There are A LOT of out of state mineral owners and a fair amount of ”unlocatable” mineral owners whose royalty money is held in suspense. </p><p></p><p>Should locals who have no mineral interest foot the bill to repair roads, hiring necessary county employees to deal with population influx, pay for spill cleanup etc.? The counties impacted by oil production get a big chunk of that money. Maybe I’m misunderstanding where you are coming from as far as you saying it’s a redistribution of wealth. How do you think the royalties should be taxed? Or do you think they shouldn’t be taxed or maybe you don’t think the counties outside of the oil producing counties should get any money? I am by no means an oil and gas tax expert and I’m not attacking you, just curious.</p></blockquote><p></p>
[QUOTE="Marbleyes, post: 198013, member: 675"] My post was regarding your redistribution of wealth comment. If the taxes weren’t withheld, how would they collect the taxes on mineral owners who live out of state? There are A LOT of out of state mineral owners and a fair amount of ”unlocatable” mineral owners whose royalty money is held in suspense. Should locals who have no mineral interest foot the bill to repair roads, hiring necessary county employees to deal with population influx, pay for spill cleanup etc.? The counties impacted by oil production get a big chunk of that money. Maybe I’m misunderstanding where you are coming from as far as you saying it’s a redistribution of wealth. How do you think the royalties should be taxed? Or do you think they shouldn’t be taxed or maybe you don’t think the counties outside of the oil producing counties should get any money? I am by no means an oil and gas tax expert and I’m not attacking you, just curious. [/QUOTE]
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