Taxes

Targeted Income Tax Increase Will Raise Revenue, Make Tax System Fairer

Type: Press Release

September 1, 2009 - 10:16am

HARRISBURG, PA (July 23, 2009) - Pennsylvania lawmakers can raise new revenue to resolve a multi-billion-dollar state budget shortfall and make the tax system fairer by targeting a personal income tax increase to affluent earners who can best afford to pay.
The state must choose the course of action that does the least harm to the economy

Type: Op-Eds

August 28, 2009 - 4:43pm

A version of this article appeared in the Patriot News in August, 2009

What if you woke up this morning and learned that 10 large factories across Pennsylvania were closing, putting 20,000 people out of work?

Imagine to what lengths state and local officials would go to avert such an economic disaster.

Yet Pennsylvania could see 20,000 jobs wiped out if state lawmakers pass a budget that makes deep cuts to state services.
State Recession Economics 101: Why a State Budget That Slashes Spending Will Mean More Joblessness Throughout Pennsylvania

Type: Briefing Paper

July 9, 2009 - 1:23pm

In June of this year, the nation lost another 467,000 jobs and the national unemployment rate edged up to 9.5%. Even before June's disappointing employment report, as of May 2009, onethird
of Pennsylvania counties (22 in total), most of them in rural areas, already had unemployment rates of 9.5 percent or higher.
Deep Budget Cuts Will Add to Unemployment Rolls at Wrong Time

Type: Press Release

July 9, 2009 - 1:23pm

HARRISBURG (July 9, 2009) – A state budget based entirely on cuts will accelerate Pennsylvania’s job losses and delay any economic recovery in the state when the recession is over, according to a labor economist with the Keystone Research Center.
If Fairness Matters, Raise the Income Tax

Type: Policy Watch

July 8, 2009 - 12:19pm
Are Pennsylvania's Taxes Too High? No.

Type: Policy Watch

July 8, 2009 - 12:18pm
Three Tax Facts

Type: Policy Watch

July 8, 2009 - 12:17pm
Ernst and Young Confirm Pennsylvania is Not a High-Business Tax State

Type: Policy Watch

July 8, 2009 - 12:16pm
Business Tax Cuts Are Not the Best Way to Promote Job Growth

Type: Policy Watch

July 8, 2009 - 12:15pm
A Real Tax Cut for Pennsylvania's Middle Class

Type: Briefing Paper

July 8, 2009 - 11:39am

State income tax relief for the middle class is on the agenda in Pennsylvania. In the first half of March, the state House of Representatives voted to cut the state personal income tax rate from 2.8 to 2.7 percent. This reduction would put very little cash back in the pockets of middle-class Pennsylvanians. A family making $30,000 would have only $30 more to spend, a family making $50,000 an extra $50.

The meager benefit for working families from a 0.1 percentage point reduction in the state income tax is one reason that the reduction is not currently expected to become law.

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