PA Chamber floats tax reform plan including lower corporate tax rates, retirement income levy

PA Chamber floats tax reform plan including lower corporate tax rates, retirement income levy

A lower corporate income tax, a new tax on retirement income, regular property assessments and a broader sales tax base were all pitched in a new report on reforming Pennsylvania’s tax system sponsored by the PA Chamber.

The analysis, done by the conservative Tax Foundation, is an attempt to rectify what PA Chamber vice president of government affairs Sam Denisco said is a system with “a lot to be desired.” 

“For too long, our state’s uncompetitive tax structure has caused the Commonwealth to lag behind other states – missing out on economic opportunity and growth,” Denisco said in a statement. “In order to compete in today’s global economy, we need to take a page out of the federal government’s book and take a hard look at the shortcomings within the state’s Tax Code.”
Monday, September 10, 2018/Author: Stephen Caruso
Categories: News and Views
Rotunda Ramblings - Episode 15

Rotunda Ramblings - Episode 15

On the podcast this week we talk to Marc Stier of the Pennsylvania Budget and Policy Center and James Paul of The Commonwealth Foundation about the budget, Pennsylvania's fiscal situation, and other issues on which they are focusing.

With just over three weeks before the end of the fiscal year, these two interviews offer different perspectives on the big issues that will influence discussions as the fiscal year comes to a close.

You can download the episode HERE.

Friday, June 3, 2016/Author: Jason Gottesman
Categories: Features

PA Business Groups and Education Advocates Oppose Property Tax Elimination Bill

The Pennsylvania Budget and Policy Center, the Pennsylvania Chamber of Business and Industry, and various education advocates gathered on a conference call Wednesday to voice their concerns about a property tax elimination plan.

The organizations sent a letter to the members of the Senate Finance Committee opposing SB 76, a bill that would replace school property taxes with new revenue generated by increases in sales and income taxes. A total of 41 concerned organizations contended that the potential negative consequences of SB 76 are vast, and many significant questions still remain unanswered.

Wednesday, April 9, 2014/Author: The PLS Reporter
Categories: Event Central