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IssuesPA Taxes

Taxes

Pennsylvania's budget problems present a special challenge for Corbett, who campaigned on a pledge that he would not raise taxes. Here are some choices that could be made to help solve the state's budget problems. ...Read more
ELGP report detailing the state revenues generated by the region as well as estimating Southeastern Pennsylvania’s share of Pennsylvania’s total economic activity. ...Read more
The Pennsylvania Budget and Policy Center is tracking how much severance tax revenue the state has lost over the past year. It hits $100 million this weekend, October 23-24, 2010. ...Read more
In the 2009-10 fiscal year, the Commonwealth borrowed $800,000,000 in TANS, short-term notes issued in advance of taxes and revenues to be received by the state. These short-term notes are issued by states and municipalities as cash flow management tools used to smooth the differences between receipts of revenues by the Commonwealth and payment of ordinary and ongoing expenses. ...Read more
According to a recent report by the state Public Employee Retirement Commission, pension plans in many municipalities in Pennsylvania are financially distressed. ...Read more
Pennsylvania is unrivaled in the number of jurisdictions levying local earned income taxes. According to the Pennsylvania Department of Community and Economic Development (DCED), municipalities and school districts in the Commonwealth use 560 tax collectors to collect and distribute more than $1.9 billion in annual earned income tax revenue. ...Read more
Research shows, among other benefits of early learning, increased earning power for parents. The community at large benefits in several ways, including a direct and indirect economic impact and decreased spending on public programs, including education and social services. ...Read more
Early learning is linked to the state's future vitality, and the research demonstrates that connection in a very quantifiable way. ...Read more
Pennsylvania’s universities are terrific economic and social assets, both regionally and statewide. But what’s the bottom line impact on their host municipalities? IssuesPA takes a closer look. ...Read more