PA Taxes

December 18, 2013

A decade of corporate tax cuts are a major reason that Pennsylvania is expected to have far fewer resources than it needs to pay for education, health care, and other essential services for years to come. Unless lawmakers reverse course and come up with additional revenue, our schools, communities, and families will continue to bear the brunt and our economy will suffer.

August 8, 2013

Using a “moderate” production scenario, the Pennsylvania impact fee brings in less revenue than a severance tax comparable to that of Texas or West Virginia.

August 5, 2013

Low revenue growth projected for 2013-14 likely means the commonwealth will be treading water in the coming year, with General Fund spending barely matching the inflation-adjusted buying power of the 2012-13 budget.

July 9, 2013

The Pennsylvania Legislature has approved and the Governor has signed a 2013-14 state budget that spends $28.376 billion. Read PBPC's full analysis.

July 9, 2013

The plan maintains the capital stock and franchise tax, which was set to expire in 2014, for two more years and takes steps to close the Delaware loophole.

July 2, 2013

“There is little to celebrate in this budget," says PBPC Director Sharon Ward. "It fails to adequately address the enormity of the funding crisis facing Pennsylvania schools. 80 percent of the cuts to classrooms are left intact, and that means higher property taxes and even larger class sizes in our schools.

June 27, 2013

The Pennsylvania Senate should take the opportunity to adopt a strong addback bill that stops corporate tax avoidance practices that are simply not tolerated in the majority of states. 

June 18, 2013

As the economic value of natural gas production increases in Pennsylvania’s Marcellus Shale, the local impact fee created by Act 13 of 2012 is failing to keep pace. By 2019-20, a 4% natural gas severance tax could generate three times as much as the fee is estimated to bring in.

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