Time to Close the Loopholes

PBPC is producing a series of one-pagers examining special tax preferences and tax loopholes in Pennsylvania's state tax system, as lawmakers and the Governor continue working on a 2010-11 state budget.

Click on the links below for more information.

Time to Close the Loopholes: The Delaware Loophole, June 17, 2010

Large multi-state corporations use accounting gimmicks to funnel profits to tax-haven states like Delaware, allowing them to avoid paying Pennsylvania state corporate taxes.

Time to Close the Loopholes: Sales Tax Vendor Discount, June 10, 2010

The Commonwealth pays $74 million a year to retailers in the form of a tax discount for work that’s actually done for them by computers and automated cash receipt systems.

Time to Close the Loopholes: Cigars and Smokeless Tobacco, June 7, 2010

Pennsylvania is only one of two states in the union without an excise tax on cigars and the only one without a tax on other products like snuff and chewing tobacco.