Corbett’s Unconscionable $833 million tax cut for corporations
No money for Adult Basic but millions for big business Budgets are moral documents that set for the priorities of our government. Late last week, the Corbett Administration made clear that its top priority is helping American corporations not Pennsylvanians when it adopted new tax regulations that will reduce the corporate income tax by $200 million in 2010 and 833 over two years.1 With the state facing a $4 billion deficit that may lead to massive cuts in spending on education and health care, and with the AdultBasic program expiring at the end of the month, a reduction in corporate taxes is simply unconscionable. The Governor of the Commonwealth should not be putting the profits of corporations over the needs of people. The $200 million that the Corbett administration is giving away to corporations is more than the amount necessary to continue AdultBasic, which provides health insurance for 42,000 Pennsylvanians… Continue reading