Corporate Taxes

Gov. Tom Wolf presented his 2017-18 State Budget Proposal on February 7, 2017.  The Pennsylvania Budget and Policy Center will be posting analysis, infographics and related documents on this page as they become available. Check back often for the latest updates.

In his budget address, Governor Wolf observed that Pennsylvania faces a choice of two paths. Taking one path would require us to deal with the reality of our structural deficit and raise revenues to close it. It would enable government to continue to meet its responsibilities to educate our children, serve those who need our help, protect the environment and encourage economic growth. Taking the other path would require us to accept devastating cuts to education and health and human services.

The ideas in this document were compiled by the Pennsylvania Budget and Policy Center based on our own work and that of our partner, the Keystone Research Center, and that of advocates on many issues. The names of our partners are in our letter to the Governor and the members of the General Assembly.

Budget numbers are always difficult to understand, not least because those with different perspectives can present the numbers in sharply different, but honest ways. In the context of the state’s still-unfinished 2105-16 budget, this brief presents a series of careful “apples-to-apples” comparisons of the three budgets in play in Harrisburg last year: Governor Wolf’s budget proposal, the Republican budget and the bi-partisan budget agreed to by Governor Wolf and the leaders of the Democratic and Republican parties in the General Assembly.

One critical value that should guide tax policy in our view is “revenue adequacy” – having enough revenue to invest in essential public goods, starting with education, and in services critical to quality of life for middle‐ and low‐income families.

"Pennsylvania is now the second largest natural gas producer in the country," testified Research Director Michael Wood before a Senate Joint Committee,"and it is time to end the excuses and enact a real severance tax."  

Gov. Tom Wolf presented his 2015-16 State Budget Proposal on March 3.  The Pennsylvania Budget and Policy Center will be posting analysis, infographics and related documents on this page as they become available. Check back often for the latest updates.

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