Tax and 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

The School Code establishes a new basic education funding “formula” with a base distribution, and 12 new supplemental criteria targeted to very specific school districts based on aid ratio, enrollment or other unique factors.

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 30, 2013

The Philadelphia School District will receive new state funding, but with strings attached that leave some key decisions in the hands of the Secretary of Education.

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 21, 2013

Nearly 85 percent of the cuts to public school classrooms enacted in the past two years remain intact in the state budget plan before the Legislature, according to a new PBPC analysis.

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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