Tax and Budget

June 24, 2010

If the Pennsylvania General Assembly listens to the natural gas industry, two-thirds of the gas extracted from a typical Marcellus Shale well will be exempted from a state severance tax, PBPC warned in a new report.

June 24, 2010

If the Pennsylvania General Assembly listens to the natural gas industry, two-thirds of the gas extracted from a typical Marcellus Shale well will be exempted from a state severance tax, a Pennsylvania think tank warned today.

June 16, 2010

In the third part of a series on tax loopholes and special tax preferences, PBPC explains the accounting gimmicks used by large multi-state corporations to funnel profits to tax-haven states like Delaware, allowing them to avoid paying Pennsylvania state corporate taxes.

June 10, 2010

In the latest installment in a series on tax loopholes and special tax preferences, PBPC asks why the Commonwealth is paying $74 million a year to people for work that’s actually done for them by computers and automated cash receipt systems.

June 7, 2010

This is the first part of a series examining special tax preferences and potential cuts that will impact the 2010-11 state budget.

June 3, 2010

By not having a natural gas severance tax, Pennsylvania has lost more than $54 million since last October that could have funded vital state services including education and health care, as well as drilling-related environmental and local costs.

May 26, 2010

Combined reporting would close corporate tax loopholes and make it harder for multi-state corporations to avoid paying corporate net income tax on income earned in Pennsylvania. PBPC corrects several assertions about combined reporting made by the Pennsylvania Chamber of Business and Industry.

May 21, 2010

Now that the dust has settled after Tuesday’s primary elections, the Pennsylvania General Assembly will turn its attention back to the state budget. On Friday, May 21, the Pennsylvania Budget and Policy Center hosted a conference call with editorial page editors and columnists on the state budget. This memo summarizes the presentation that PBPC Director Sharon Ward made during that call.

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