Tax and Budget

October 24, 2014

Pennsylvania enacted deep cuts to funding for public higher education since 2010-11. Even before these cuts, Pennsylvania ranked low among states in funding for higher education and in the affordability of public higher education. This report summarizes key insights from the economic research literature on the importance of higher education and presents basic information on Pennsylvania’s investment in higher education. 

October 9, 2014

This webinar takes a look at the report, "Reform, Not Repeal: Pennsylvania Can Provide Property Tax Relief and Protect Public Schools," which finds that property taxes are moderate in most Pennsylvania communities, and recommends that the state should better target its property tax relief and overhaul its assessment system rather than eliminate the local property taxes that fund our children’s schools and prepare our future workforce.

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.

April 23, 2014

The amendment offers revisions to address technical concerns about the bill. It would impose a foundational re-organization of the state’s taxation and educational systems, with potentially vast negative consequences for Pennsylvania’s schools, its workers and consumers, and the economy of the commonwealth.

March 25, 2014

The replacement of Pennsylvania natural gas impact fee with a 5% severance tax is unlikely to deter firms from drilling new wells in the state, and it will certainly not inhibit the continued operation of existing wells.

March 20, 2014

Many profitable Fortune 500 companies including Pennsylvania-based PPL, H.J. Heinz, Airgas, Allegheny Technologies, Hershey, and Comcast are paying little or nothing in state income taxes thanks to loopholes, tax breaks, and crafty accounting, according to a new report from the Institute on Taxation and Economic Policy (ITEP) and Citizens for Tax Justice (CTJ).

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