The proposals to raise taxes Pennsylvania legislators are considering this year are, to far too large an extent, not real, not recurring, and not fair. Here’s what’s wrong with the liquor, gaming, tax amnesty, and tobacco revenue ideas. Continue reading
Now that a general appropriation bill has been passed by the House and Senate, the General Assembly and the Governor are turning their attention to finding the revenue to pay for it. And they are running into difficulties both reaching agreement on tax revenues that are real, recurring, and fair. But the PBPC-Senator Haywood proposal to slightly raise taxes on income from wealth meets all three criteria. Continue reading