PA Taxes

This brief looks at the different ways property tax relief can be structured in Pennsylvania and why for lower- and middle-income homeowners, homestead relief provides more bang for the buck than millage rate cuts.

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.

 

Responding to overwhelming public support for enacting a severance tax on natural gas production, Governor Wolf and several members of the General Assembly have released severance tax proposals in 2015. Actual production results from 2014 show that these plans would generate hundreds of millions of dollars in funding for schools, health care, environmental protection, and other critical needs.

January 26, 2015

Our national report released by the Economic Analysis Research Network (EARN) and the Economic Policy Institute presents updated estimates of top incomes from 1917 to 2012 for all 50 U.S. states and multi-state regions. (See the national report at http://goo.gl/AnFnMt). This brief expands on the Pennsylvania findings of the national report and presents updates by county and metropolitan area on trends in the share of income earned by the top 1 percent in 1978 and 2012.

 

October 2, 2014

Property taxes are high in some Pennsylvania school districts, but PBPC’s new report, "Reform, Not Repeal: Pennsylvania Can Provide Property Tax Relief and Protect Public Schools," reveals that compared to the national average and neighboring states, property taxes are moderate in most communities.

August 15, 2014

Several American cities have raised cigarette taxes as a public health measure and to generate local revenue for cash-strapped programs. These taxes are not as regressive as once assumed and can be an important part of a local funding package. Philadelphia has requested authorization from the General Assembly to add a $2 per pack tax on cigarettes sold in the city to raise an estimated $70-$90 million  for its public schools.

July 18, 2014

Once Upon a Time: An Analysis of the 2014-15 General Assembly Approved Budget

The $29.0 billion 2014-15 state General Fund budget enacted earlier this month fails to confront Pennsylvania’s serious revenue problems. Lawmakers pretended that the half billion dollar revenue shortfall in 2013-14 did not exist and “balanced” the 2014-15 budget with one-time transfers, accounting tricks, and phantom revenues.

January 13, 2014

Halfway through the state's fiscal year, General Fund revenues are right on target — exceeding official estimates by a scant $2 million, or 0.02%. Tax and other collections in December came in $40 million, or 1.7%, below the monthly target, largely erasing the modest revenue surplus that had been generated so far.

Monthly archive